Which of the following types of services is most likely to result in a report that is restricted to specified parties?
A)Compilations.
B)Reviews.
C)Agreed-upon procedures.
D)Audits.

Question

Quizplus · Accepted Answer

Agreed-upon procedures engagement involves the auditor performing specific procedures on the subject matter and reporting the findings to specified parties. Therefore, the resulting report is restricted to those parties only. Compilations and reviews do not typically result in restricted reports, and audits may also have a wider distribution of the report.

Which of the Following Types of Services Is Most Likely