Question: A statement in a group auditor s report that part of the audit was performed by a component auditor most likely indicates the Different opinions

A statement in a group auditors report that part of the audit was performed by a component auditor most likely indicates the
Different opinions the auditors are expressing on the components of the financial statements that each audited.
Group auditors recognition of the component auditors competence and independence.
Lack of materiality of the portion of the financial statements audited by the component auditor.
Decision not to assume responsibility for the audit of the component auditor.

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