Which of the Following Statements Regarding Using the Work of Another

question 37

Multiple Choice

Which of the following statements regarding using the work of another auditor is ?

• A) The group engagement partner will spend more time reviewing the component auditor's work when the component is at risk of material misstatement
• B) The group engagement partner will spend more time reviewing the component auditor's work if the component auditor has a good reputation
• C) The group engagement partner will spend less time reviewing the component auditor's work when the component is at risk of material misstatement
• D) The component auditor sets out the work to be conducted by the group engagement partner

---

Definitions:

Stakeholder Assessment

The process of identifying, analyzing, and managing the expectations and needs of stakeholders in a project or organization.

Long-Term Relationships

Bonds or associations sustained over an extensive period, emphasizing stability and ongoing interaction.

Environmental Enhancement

Activities or initiatives that improve the quality of the environment, often through conservation, restoration, and pollution reduction practices.

Renewable Natural Resources

Natural resources that can be replenished naturally over time, such as sunlight, wind, rain, tides, and geothermal heat.