An accountant who reviews the financial statements of a nonpublic entity should issue a report stating that

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An accountant who reviews the financial statements of a nonpublic entity should issue a report stating that a review

a. Is substantially less in scope than an audit.

b. Provides negative assurance that the internal control structure is functioning as designed.

c. Provides only limited assurance that the financial statements are fairly presented.

d. Is substantially more in scope than a compilation.

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Related Book For  book-img-for-question

Auditing Integrated Concepts And Procedures

ISBN: 9781260299397

5th Edition

Authors: Donald H. Taylor, G. William Glezen

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