Kell Engaged March, CPA, to Submit to Kell a Written

Multiple Choice

Kell engaged March, CPA, to submit to Kell a written personal financial plan containing unaudited personal financial statements. March anticipates omitting certain disclosures required by GAAP because the engagement's sole purpose is to assist Kell in developing a personal financial plan. For March to be exempt from complying with the requirements of SSARS 1, Compilation and Review of Financial Statements, Kell is required to agree that the:

A) Financial statements will not be presented in comparative form with those of the prior period.
B) Omitted disclosures required by GAAP are not material.
C) Financial statements will not be disclosed to a non-CPA financial planner.
D) Financial statements will not be used to obtain credit.