Which of the following engagements is sometimes referred to as bookkeeping services?
A) Reviews.
B) Special reports.
C) Compilations.
D) Audits.

Question

Quizplus · Accepted Answer

Compilations are sometimes referred to as bookkeeping services, as they involve the preparation of financial statements based on information provided by the client without verification or auditing. Reviews and audits involve varying degrees of assurance and verification, while special reports are specific projects or investigations.

Which of the Following Engagements Is Sometimes Referred to as Bookkeeping