Part IV (20 percent) The following items represent a series of unrelated procedures that an accountant may consider performing of a nonpublic entity. Select from the option list provided the correct answer regarding the issues related to SSARSs for A. Preparation, B. Compilation, C. Review, and D. None of the service

Issue Type of Service

1. Assurance is provided.

2. An engagement letter is required.

3. Independence is required.

4. The accountant is responsible for the financial statements.

5. A report is required.

6. The financial statements may be released to users other than management.

7. The financial statements may omit substantially all disclosures (notes).

8. An opinion is expressed.