Multiple Choice
Which of the following must the auditor consider when deciding whether to perform additional testing of a service provider in the presence of a SAS 70 report?
A) The time period covered in the SAS report.
B) The relationship of controls tested at the service provider to those at the client organization.
C) The quality of the audit report and firm conducting the SAS 70 report.
D) Both a and b only.
Correct Answer:
Verified
Correct Answer:
Verified
Q46: Disclosures associated with payroll include:<br>A) underfunded pension
Q47: The presentation and disclosure assertion is audited
Q48: AS#5 requires auditors whose public clients use
Q49: The cut-off assertion is audited by:<br>A) reviewing
Q50: Human Resources (personnel) should maintain the payroll
Q52: Tracing wages paid to the appropriate time
Q53: A W-4 form is used to report
Q54: The service provider needs to:<br>A) enforce input
Q55: The difference between a SAS 70 Type
Q56: Dual purpose tests for payroll processing are:<br>A)