hard20 pts · first answer countsaudit-reportinggroup-audits

A component auditor who is not independent

The group engagement team learns that a subsidiary’s auditor holds shares in that subsidiary. What should it do?

A.Use their work but add a note in the group reportB.Ask the component auditor for a signed independence letterC.Rely on the component auditor’s work as usualD.Not use their work and get the evidence another way

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A component auditor who is not independent

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