Question: 1 4 When component auditors are involved in the audit of group financial statements, the group auditors are required to Multiple Choice 0 1 :
When component auditors are involved in the audit of group financial statements, the group auditors are required to
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identify the extent of component auditors' involvement if they choose not to rely on the component auditors work.
consider the independence and professional reputation of the component auditors in deciding how to utilize their work.
identify the component auditors by name in their report to appropriate limit their lability for the component audiors work.
disclaim an opinion on the portion of the financial statements examined by the component auditors.
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