Multiple Choice
Which of the following representations does an accountant make implicitly when issuing the standard report for the compilation of a nonissuer's financial statements?
A) The accountant is independent with respect to the entity.
B) The financial statements have not been audited.
C) A compilation consists principally of inquiries and analytical procedures.
D) The accountant does not express any assurance on the financial statements.
Correct Answer:
Verified
Correct Answer:
Verified
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