When auditing a client whose information is processed by an outside service

When auditing a client whose information is processed

  • Pontifical Catholic
  • ACCT 431
  • Test Prep
  • Chrollo
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12) When auditing a client whose information is processed by an outside service provider, it is not acceptable for the auditor to rely on the audit report of another independent auditor who has previously tested the internal controls of the service provider, rather than testing the service provider's controls himself or herself.A) TrueB) FalseAnswer: BTerms: Information processed by outside service providerDiff: ModerateObjective: LO 12-6AACSB: Reflective thinking skills31
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