Question: An auditor may issue the standard audit report when the a. Auditor refers to the findings of a specialist. b. Financial statements are derived and

An auditor may issue the standard audit report when the

a. Auditor refers to the findings of a specialist.

b. Financial statements are derived and summarized from complete audited financial statements that are filed with a regulatory agency.

c. Financial statements are prepared on the cash receipts and disbursements basis of accounting.

d. Group engagement partner assumes responsibility for the work of a component auditor.

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