Which of the following statements concerning assurance engagements is FALSE?
A) All assurance engagements consist of a three-party accountability relationship.
B) All attest engagements are assurance engagements,but not all assurance engagements are attest engagements.
C) A review of historical financials statements is a type of attest engagement.
D) A report to the public by the Auditor General on the efficient use taxpayer dollars by a government agency is an attest engagement.
Correct Answer:
Verified
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A)efficiency variance
B)volume variance
C)price
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