XYZ Ltd.has prepared financial statements that not in accordance with GAAP.The review report should
A) Ensure that the nature of the departure is described in the notes.
B) Contain a reservation describing the nature of the departure from GAAP.
C) Be a standard review report, since a review is not an audit.
D) Indicate the dollar effect of restatement for each account affected.
Correct Answer:
Verified
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