An Auditor May Report on Condensed Financial Statements That Are

Multiple Choice

An auditor may report on condensed financial statements that are derived from complete audited financial statements if the:

A) Auditor indicates whether the information in the condensed financial statements is fairly stated in all material respects.
B) Condensed financial statements are presented in comparative form with the prior year's condensed financial statements.
C) Auditor describes the additional review procedures performed on the condensed financial statements.
D) Condensed financial statements are distributed only to management and the board of directors.