please help me in determining who is right for each comment

Drew, a new staff member, has drafted a memorandum about the firm's consideration of a review of interim financial information (IFI) based on AICPA standards. Able, a senior staff member, has commented on Drew's statements in the memorandum. For each statement and comment, indicate whether only Drew is correct, only Able is correct, neither Drew nor Able is correct, or both Drew and Able are correct. Each choice may be used once, more than once, or not at all. Drew's statement Able's comment Answer Only Abie is correct. a 1. The objective of a review of IFI is to The objective of a review of IFI is to state whether express an opinion on whether it the auditor is aware of any material modifications conforms with the applicable that should be made for the IFI to conform with financial reporting framework. the applicable financial reporting framework. 2. A review of IFI involves performing A review of Fl involves performing inquiries of analytical procedures. management 3. To perform a review of IFI, the annual statements must have been To perform a review of IFI, the annual statements audited by the auditor. must have been compiled by the auditor. 4. To perform a review of IFI, the auditor should have an understanding To perform a review of IFI, the auditor should of the entity sufficient to identify any identify types of typical misstatements. have an understanding of the entity sufficient to fraud that may exist. 5. To perform a review of IFI, the auditor should obtain a letter from To perform a review of IFI, the auditor should communicate verbally with entity's legal counsel the entity's legal counsel about about litigation, claims, and assessments. litigation, claims, and assessments. 6. To perform a review of IFI, the auditor should obtain a client To perform a review of IFI, the auditor should obtain an audit committee representation letter. representation letter. 7. Significant deficiencies in internal significant deficiencies in internal control result control result in a qualified review in an adverse review report on the IFI. report on the IFI. 8. Each page of the reviewed IFI i should be marked as "Reviewed by Each page of the reviewed IFI should be marked Auditor." as "Unaudited." correct. DIO LII !!! express an opinion on whether it the au conforms with the applicable that should be made for the IFI to conform with financial reporting framework. the applicable financial reporting framework. 2. A review of Fl involves performing A review of IFI involves performing inquiries of analytical procedures. management 3. To perform a review of IFI, the To perform a review of IFI, the annual statements annual statements must have been must have been compiled by the auditor. audited by the auditor. 4. To perform a review of IFI, the auditor should have an understanding have an understanding of the entity sufficient to To perform a review of IFI, the auditor should of the entity sufficient to identify any identify types of typical misstatements. fraud that may exist. 5. To perform a review of IFI, the auditor should obtain a letter from To perform a review of IFI, the auditor should the entity's legal counsel about communicate verbally with entity's legal counsel litigation, claims, and assessments. about litigation, claims, and assessments. 6. To perform a review of IFI, the auditor should obtain a client To perform a review of IFI, the auditor should obtain an audit committee representation letter. representation letter. 7. Significant deficiencies in internal control result in a qualified review Significant deficiencies in internal control result in an adverse review report on the IFI. report on the IFI. 8. Each page of the reviewed IFI should be marked as "Reviewed by Each page of the reviewed IFI should be marked Auditor." as "Unaudited." 9. Any departure from the applicable A material departure from the applicable financial financial reporting framework in the reporting framework in the IFl results in a IFI results in a modified review report. modified review report. 10. As a result of the review, the auditor should communicate any As a result of the review, the auditor should significant fraud or noncompliance communicate any significant fraud or with laws and regulations of which noncompliance with laws and regulations of ishe becomes aware to those which (s)he becomes aware to management. charged with governance. E 100) TTT Select an option below Only Drew is correct. O Only Able is correct. O Neither Drew nor Able is correct. O Both Drew and Able are correct