How does an accountant make the following representations when issuing the standard report for the compilation of a nonissuer's financial statements?

Question

Quizplus · Accepted Answer

Choice "B" is correct. Financial statements of a nonissuer that have been compiled should be accompanied by a report explicitly stating that the accountant has compiled the financial statements and stating that the accountant has not audited or reviewed the financial statements. Choices "A", "C", and "D" are incorrect, since these representations are made explicitly as per above.

How Does an Accountant Make the Following Representations When Issuing