All statements are true b. All statements are false c. S1 and S2 are true d. S2 and S3 is true
All statements are true b. All statements are false c. S1 and S2 are true d. S2 and S3 is true
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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s1: The component auditor is responsible for the direction, supervision and performance of the group audit engagement in compliance with professional standards and regulatory and legal requirements, and whether the auditor's report that is issued is appropriate in the circumstances. S2: The auditor's report on the group financial statements shall may refer to a component auditor. S3: A group have have one or more components.
a. All statements are true
b. All statements are false
c. S1 and S2 are true
d. S2 and S3 is true
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