QUESTION 41 The skills and personal qualities of external auditors is considered a factor in conducting a quality audit. O True False QUESTION 42 An example of reperformance is the audit procedure of reviewing shipping documents as evidence of the occurrence of sales. O True O False QUESTION 43 External auditors rely extensively on the work of internal auditors during the execution of financial statement audits. O True O False QUESTION 44 The external auditor may use due care as a defense under the Securities Act of 1933. O True O False QUESTION 45 The external auditor needs to understand a client's internal controls in order to develop appropriate audit procedures. O True O False