Multiple Choice
Which of the following components of an engagement letter would apply to both a review engagement and a compilation engagement?
A) negative assurance will be provided so there is no assurance that fraud will be detected
B) no assurance will be provided since only mathematical accuracy will be verified
C) procedures used during the engagement will be limited to analytical review and inquiry
D) a statement that an audit is not to be performed and that no opinion will be expressed
Correct Answer:
Verified
Correct Answer:
Verified
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