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Which statements is correct regarding the auditor use

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Reference no: EM132829716

Problem 1: Which of the following statements is correct regarding the auditor's use of a "specialist"?

a. Any such specialist must be an employee of the CPA firm because of independence.
b. Any such specialist must be approved in advance by management.
c. The specialist remains completely responsible for any assumptions and conclusions.
d. The auditor remains responsible for the audit opinion and the specialist's work.
e. The Sarbanes-Oxley Act prohibits audit firms from using specialists.

Reference no: EM132829716

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