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

Exercise 14

Financial statements of a non-public entity that have been reviewed by an accountant should be accompanied by a report stating that
A) The scope of the inquiry and the analytical procedures performed by the accountant have not been restricted.
B) All information included in the financial statements is the representation of the management of the entity.
C) A review includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
D) A review is greater in scope than a compilation, the objective of which is to present financial statements that are free of material misstatements.