Multiple Choice
Leon Levy,a partner at the audit firm where you work,asked you to work on the audit of the balance sheet of Geminy Corp.Geminy is not a public company and has not been required to have audited financial statements in the past.This year,due to a new bank loan,its bank requested that audited financial statements be provided.Who are the primary users in this assurance engagement?
A) Leon Levy
B) the bank
C) management of Geminy Corp
D) shareholders of Geminy Corp
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Which of the following engagements would most
Q54: The statement that "nothing came to our
Q55: Which of the following would be required
Q56: "An engagement where the practitioner expresses a
Q57: "An engagement where there is an accountability
Q59: Sean Clem has done a review engagement
Q60: With respect to working on an engagement
Q61: An engagement for applying specified auditing procedures
Q62: When is negative assurance used during a
Q63: You have just signed off the audit