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    PracticeCPA®CPA ISC Practice Exam 5Question 82
    Medium1 markMultiple Choice
    Area III: SOC EngagementsSOC ReportsArea III

    CPA · Question 82 · Area III: SOC Engagements

    Which of the following statements is TRUE regarding the use of a SOC 2 report?

    Answer options:

    A.

    It is a public document available to anyone.

    B.

    It is generally a restricted-use report intended for existing customers and their auditors.

    C.

    It certifies that the company is 100% secure.

    D.

    It is only valid for 30 days.

    How to approach this question

    SOC 2 = Restricted. SOC 3 = Public.

    Full Answer

    B.It is generally a restricted-use report intended for existing customers and their auditors.✓ Correct
    SOC 2 reports contain sensitive details about the system and controls, so their distribution is restricted to user entities, their auditors, and management.

    Common mistakes

    Confusing SOC 2 with SOC 3.
    Question 81All questions

    Practice the full CPA ISC Practice Exam 5

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