Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 11

The standard report issued by an accountant after reviewing the financial statements of a non-public entity states that
A) A review includes assessing the accounting principles used and significant estimates made by management.
B) A review includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
C) The accountant is not aware of any material modifications that should be made to the financial statements.
D) The accountant does not express an opinion or any other form of assurance on the financial statements.