Which of the following is correct concerning a service auditor and a SysTrust report?
A)They both result in restricted use reports.
B)A client must engage the CPA to perform both services as neither may be selected independently of the other.
C)They both address system reliability.
D)They represent different names for the same service.

Question

Quizplus · Accepted Answer

Both a service auditor and a SysTrust report address system reliability. However, they are different services, with a service auditor providing a SOC 1 report and SysTrust providing a SOC 2 report. Neither service requires the other to be performed, and they may be requested independently of each other. The resulting reports may have different levels of restriction on their use.

Which of the Following Is Correct Concerning a Service Auditor