A compiled financial report should be accompanied by a report stating all of the following except:
A) a compilation has been performed.
B) the accountant does not express an opinion or any other form of assurance on the report.
C) a compilation consists principally of inquiries of company personnel and analytical procedures applied to financial data.
D) a compilation is limited to presenting in the form of a financial report, information that is the representation of management.
Correct Answer:
Verified
Q4: Which of the following is not an
Q8: A review engagement provides:
A)reasonable assurance.
B)high but not
Q13: Which of the following must accompany an
Q17: Inquiry of the entity's personnel and analytical
Q19: In performing an assurance service, an auditor
Q20: Which of the following best describes an
Q20: When an auditor performs a review of
Q28: An engagement to express an opinion on
Q37: Which one of the following is generally
Q38: An assurance report on internal control structures
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