30 Which of the following is correct concerning system and organization controls (SOC) reports? Multiple Choice They all result in restricted-use reports. A prerequisite before issuing such a report is having performed the audit of the service organization's financial statements. Some of these reports do not address operating effectiveness. They all relate to controls at service organizations.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
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30
Which of the following is correct concerning system and organization controls (SOC) reports?
Multiple Choice
They all result in restricted-use reports.
A prerequisite before issuing such a report is having performed the audit of the
service organization's financial statements.
Some of these reports do not address operating effectiveness.
They all relate to controls at service organizations.
Transcribed Image Text:30 Which of the following is correct concerning system and organization controls (SOC) reports? Multiple Choice They all result in restricted-use reports. A prerequisite before issuing such a report is having performed the audit of the service organization's financial statements. Some of these reports do not address operating effectiveness. They all relate to controls at service organizations.
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