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Which of the following statements correctly describes an engagement to review the financial statements under the Statements of Accounting and Review Services Standards? An understanding
Which of the following statements correctly describes an engagement to review the financial statements under the
Statements of Accounting and Review Services Standards?
An understanding of internal controls over financial reporting should be obtained.
Analytical procedures and inquiries of management should be performed.
An accountant's report should be issued describing the procedures performed and the results obtained.
Independence is not required of the accountant.
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