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Q16 An auditor intends to use the work of an actuary. Under these circumstances, the auditor 1. Is required to disclose the relationship in the
Q16
An auditor intends to use the work of an actuary. Under these circumstances, the auditor
1. Is required to disclose the relationship in the auditors report.
2. Is not permitted to rely on the actuarys work.
3. Should communicate this matter to the audit committee.
4. Should assess the actuarys competence and objectivity.
A. | 1 and 2, but not 3 | |
B. | 2, 3, and 4 | |
C. | ONLY 4 | |
D. | 1, 2, and 3 |
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