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In a Compilation Engagement, _______

Question 95

Multiple Choice

In a compilation engagement, _______.


A) an internal auditor reviews the client firm's filings with the Securities and Exchange Commission (SEC) for compliance and accuracy
B) the CPA will assist management in the presentation of financial statements and will provide assurance as to whether the financial statements are presented fairly in accordance with the applicable financial reporting framework
C) the CPA will assist management in the presentation of financial statements but will not provide assurance as to whether the financial statements are presented fairly in accordance with the applicable financial reporting framework
D) the current and prior auditors will jointly determine the fairness and conformity of a client's financial statements

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