1..The Accountant must obtain the following documentation during a review engagement:

Select one:

a.

Document procedures to detect fraud in a preparation engagement.

b.

Document key internal accounting controls.

c.

Obtain management representations in the form of a written management representation letter.

d.

Document detail tests of transactions.

2..You are engaged to prepare financial statements for XYZ Company. The face of each page of the financial statements should have a sentence which is clearly visible and states:

Select one:

a.

No assurance is provided on these financial statements.

b.

These financial statements should not be trusted as they not been subjected to an audit which would prove their validity.

c.

These financial statements should not be trusted as they not been subjected to an audit which would prove their validity.

d.

Both a) and b) above.