Which of the following best describes an engagement to report on an entity's internal control over financial reporting for a nonpublic company?
A) An audit engagement to render an opinion on the entity's internal control structure.
B) An attestation engagement to examine and report on management's written assertions about the effectiveness of its internal control structure
C) A compilation engagement to render an opinion on the entity's internal control structure.
D) A prospective engagement to project, for a period of time not to exceed one year, and report on the expected benefits of the entity's internal control structure.
E) A consulting engagement to provide constructive advice to the entity on its internal control structure.
Correct Answer:
Verified
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