An Accountant Compiles Unaudited Financial Statements That Are Not Expected

Multiple Choice

An accountant compiles unaudited financial statements that are not expected to be used by a third party. The accountant may decline to issue a compilation report provided:

A) Each page of the financial statements is clearly marked to restrict its use. II. A written engagement letter is used to document the understanding with the client. III. A written representation letter is obtained from the client's management.
B) Option A
C) Option B
D) Option C
E) Option D