When the client uses a service organization,the auditor obtains evidence by one or more of the following methods:
A) obtain a report prepared by the auditor of the service organization that describes the service organization's system
B) request the management of the service organization to perform test of controls at the direction of the auditor
C) perform substantive tests of transactions at the service organization
D) perform tests of the client's controls over the activities performed by the service organization
Correct Answer:
Verified
Q36: A company using COSO's enterprise risk management
Q37: The auditor has a variety of auditing
Q38: Compensating controls
A)occur after the transaction is complete.
B)are
Q39: Define the COSO component "Control Activities"
A)to identify
Q40: The auditor has a variety of auditing
Q42: The auditor uses professional judgment to determine
Q43: To understand the relevant internal controls of
Q44: What type of report(s)do auditors of a
Q45: Which of the following best describes the
Q46: To understand the relevant internal controls of
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