- 1 Marks
AAA – L3 – SA – Q3.6 – Auditor’s Expert Valuation
True statements about auditor’s expert valuation.
Question
Which of the following are true about a valuation by an auditor’s expert?
1 It may be a part of audit evidence
2 The auditor’s expert should be experienced in the particular field
3 It reduces the responsibility of the auditor
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3
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