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Describe the Service Organization Controls (SOC) 1 report. Specifically: - What is its purpose and who is its intended audience? - What AICPA standards does

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Describe the Service Organization Controls (SOC) 1 report. Specifically: - What is its purpose and who is its intended audience? - What AICPA standards does the service auditor use to conduct the SOC 1 engagement and render an opinion? - What is the difference between a type 1 and type 2 report? - Give an example of a service organization that might have a SOC 1 report done

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