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CPA - Certified Public Accountant
In which of the following situations would a principal auditor least likely make reference to another auditor who audited a subsidiary of the entity?
The other auditor was retained by the principal auditor and the work was performed under the principal auditor's guidance and control.
The principal auditor finds it impracticable to review the other auditor's work or otherwise be satisfied as to the other auditor's work.
The financial statements audited by the other auditor are material to the consolidated financial statements covered by the principal auditor's opinion.
The principal auditor is unable to be satisfied as to the independence and professional reputation of the other auditor.
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