To meet its international creditors' obligations, Mutli g Co. requires a report on its nancial statements prepared in accordance with a financial reporting framework generally accepted in a specic country as part of its lender agreement. This report is intended for use only outside the United States. A CPA has been engaged by Mutlig to prepare this report and has researched the appropriate auditing standard. Which section of the AlCPA's generally accepted auditing standards describes the choice of reports that could be issued to help Mutlig fulfill its obligation? Using your Gleim materials, indicate the section and paragraph in the standards providing guidance for such. I D- Milla J ovovovich accepted an engagement to compile financial statements for Dummy Inc, a nonissuer. Which section of the relevant standards describes the understanding that Milla should acquire about specic accounting policies used by Dummy relative to the compilation engagement? You will use all squares provided. I can provide you very little help on these as the answers are static. However, unlike the CPA Exams {or your future boss}, I allow you one mistake before I count off. Also, it is not an all or nothing as it is on the exam