Multiple Choice
The portion of the consolidated financial statements audited by the component auditor _______.
A) is expressed in dollar amounts only
B) must be expressed in terms of percentages of total assets only
C) can be expressed in dollar amounts or percentages of total assets, total revenues, or other appropriate criteria
D) should not be relied on to the same extent as the group auditor
Correct Answer:
Verified
Correct Answer:
Verified
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