Dunn, CPA, Is Auditing the Financial Statements of Taft Co

Multiple Choice

Dunn, CPA, is auditing the financial statements of Taft Co. Taft uses Quick Service Center (QSC) to process its payroll. Price, CPA, is expressing an opinion on a description of the controls placed in operation at QSC regarding the processing of its customers' payroll transactions. Dunn expects to consider the effects of Price's report on the Taft engagement. Price's report should contain a (an) :

A) Description of the scope and nature of Price's procedures.
B) Statement that Dunn may assess control risk based on Price's report.
C) Assertion that Price assumes no responsibility to determine whether QSC's controls are suitably designed.
D) Opinion on the operating effectiveness of QSC's internal controls.