20 2 Which of the following is true about the auditor's use of an internal auditor and a RC specialist? The auditor must assess the competency of both the internal auditor and the specialist. o A specialist may be related to the client, but an internal auditor may not. 202 4.. O The auditor may share responsibility for the audit report with an internal auditor who is deemed to be both objective and competent, but may not share such responsibility with a specialist. Mig sav O The auditor may share responsibility for the audit report with a specialist who is deemed to be both objective and competent, but may not share such responsibility with an internal auditor. Miga jian'. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 (5") Procedures performed by an internal auditor can be used to: 1. Help the external auditor understand internal control II. Provide direct assistance to the external auditor by performing substantive tests III. Provide direct assistance to the external auditor by performing tests of controls O II and III only. I, II, and III. I and II only I and III only. ga 18 19 20 111") The auditor decides to use the client's internal audit staff in the current audit. Which of the following is a false statement regarding the external auditor's responsibilities when using internal auditors to assist in a client audit? O The external auditor should supervise and review all the work (papers) completed by the internal auditors. O For routine audit procedures, the external auditor may rely on the professional judgment of the internal audit manager. O The external auditor should determine the objectivity of the internal audit function by determining to whom the department reports in the organization. O During the planning phase, the external auditor should obtain an understanding of the scope of the internal auditors' activities, audit procedures used, and their access to the client's records