Which of the following statements regarding SOC is correct? a. SOC 1 report is prepared for the

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Which of the following statements regarding SOC is correct?

a. SOC 1 report is prepared for the general public to use.

b. SOC 2 report is focused on the impact of the service provider’s controls on the user company’s financial statements.

c. Type 1 reports are for a specific date.

d. SOC 3 report is prepared for auditors and management to use.

e. All of these options are correct.

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Accounting Information Systems

ISBN: 9781266370373

4th Edition

Authors: Vernon Richardson, Chengyee Chang, Rod Smith

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