Which of the Following Statements Should Be Included in an Accountant's

Multiple Choice

Which of the following statements should be included in an accountant's standard report based on the compilation of a nonissuer's financial statements?

A) A compilation consists principally of inquiries of company personnel and analytical procedures applied to financial data.
B) A compilation is limited to presenting in the form of financial statements information that is the representation of management.
C) A compilation is not designed to detect material modifications that should be made to the financial statements.
D) A compilation is substantially less in scope than an audit in accordance with generally accepted auditing standards.