Analytical procedures are an essential part of CPA engagements on financial statement:
$\begin{array} { c c c }
&\quad\text { Compilation }&\text { Preparation }\\end{array}$
A. $\begin{array} { c c c } \quad\quad\quad\text { Yes } &\quad\quad\quad\quad \text { Yes } \\end{array}$
B. $\begin{array} { c c c }\quad\quad\quad \text { Yes } &\quad\quad\quad\quad \text { No } \\end{array}$
C. $\begin{array} { c c c } \quad\quad\quad\text { No } & \quad\quad\quad\quad\text {Yes } \\end{array}$
D. $\begin{array} { c c c }\quad\quad\quad \text { No } &\quad\quad\quad\quad \text { No }
\end{array}$

A)Option A
B)Option B
C)Option C
D)Option D

Question

Analytical procedures are an essential part of CPA engagements on financial statement:  
$\begin{array} { c c c } 
&\quad\text { Compilation }&\text { Preparation }\\end{array}$ 
A. $\begin{array} { c c c }  \quad\quad\quad\text { Yes } &\quad\quad\quad\quad \text { Yes } \\end{array}$ 
B.  $\begin{array} { c c c }\quad\quad\quad \text { Yes } &\quad\quad\quad\quad \text {  No } \\end{array}$
C.  $\begin{array} { c c c } \quad\quad\quad\text {  No } & \quad\quad\quad\quad\text {Yes } \\end{array}$
D.   $\begin{array} { c c c }\quad\quad\quad \text { No } &\quad\quad\quad\quad \text {  No }
\end{array}$

A)Option A
B)Option B
C)Option C
D)Option D

Quizplus · Accepted Answer

Analytical procedures are not a required part of either compilation or preparation engagements. These engagements do not require the CPA to perform procedures to obtain assurance about the accuracy or completeness of the financial statements.

Analytical Procedures Are an Essential Part of CPA Engagements on Financial