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If More Than One Component Auditor Was Used to Audit

Question 83

Multiple Choice

If more than one component auditor was used to audit multiple subsidiaries, _______.


A) then the audit report should not be relied upon
B) then the portion of the client audited by all component auditors can be aggregated together and expressed as one-dollar amount or percentage
C) then the portion of the client audited by all prior auditors can be aggregated together and expressed as one-dollar amount or percentage
D) control risk will increase accordingly

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