ctions The CPA firm's partner in charge is reviewing a draft of a paragraph ctions The CPA fim's partner in charge is reviewing a draft of a paragraph that is intended to go into an audit report. The paragraph describes the use of an audit report prepared by other independent auditors on a client's subsidiary in forming an opinion on the client's statements. The draft is as follows: We did not audit the financial statements of D Company, which is a wholly owned subsidiary. Those statements were prepared by other auditors, and our opinion is solely on the report of the other auditors. based Indicate which of the following statements about the draft paragraph are "true" or "false" by selecting the appropriate choice. ultiple Not allowed. This test can only be taken once. ttempts orce This test can be saved and resumed later. ompletion s Question Completion Status: Save All Answers Close Window Save and Submit QUESTION 1 1 points |Save Answer The paragraph is a qualification of the audit opinion. True True False 1 points Save Answer QUESTION 2 It is appropriate to divide responsibility with other auditors in a report. True False 1 points 1 points Save Answer- Save Answer QUESTION 3 The paragraph should state that the financial statements of D Company were audited by the other auditors. 148245 18course id 102960 1&content ids _3970779 18 blackboard.com/webapps/assessmenthakelaunch jsp?cours