When an Audit Client Uses a Service Organization to Manage

Multiple Choice

When an audit client uses a service organization to manage their investment activity,

A) the auditor can always rely on the internal controls of the service organization.
B) the auditor must state in their audit opinion that the client uses a service organization.
C) the auditor can rely on the internal controls of the service organization if the service organization's auditor issues a report on their internal control.
D) the auditor must rely on the service organization to determine the fair level 1, 2, and 3 estimates.