When Unaudited Financial Statements of a Nonissuer Are Presented in Comparative

Multiple Choice

When unaudited financial statements of a nonissuer are presented in comparative form with audited financial statements in the subsequent year, the unaudited financial statements should be clearly marked to indicate their status and:

A) The report on the unaudited financial statements should be reissued. II. The report on the audited financial statements should include a separate paragraph describing the responsibility assumed for the unaudited financial statements.
B) I only.
C) II only.
D) Both I and II.
E) Either I or II.