Final answer:
An auditor can provide assurance on both whether controls are implemented and their operating effectiveness. Therefore, the correct answer is A) Yes, Yes.
Step-by-step explanation:
The question pertains to the assurance service provided by a service auditor regarding a company's internal controls. Specifically, it asks whether an auditor's report can provide assurance that controls are implemented and whether it can assure the operating effectiveness of those controls. The options are given as:
- A) Yes, Yes
- B) Yes, No
- C) No, Yes
- D) No, No
An auditor can provide assurance on both the implementation of controls (that they exist and are in place) and on their operating effectiveness (that they operate as intended over a specific period). Hence, the answer to this question is:
A) Yes, Yes