An Accountant May Compile a Nonissuer's Financial Statements That Omit

Multiple Choice

An accountant may compile a nonissuer's financial statements that omit all of the disclosures required by GAAP only if the omission is:

A) Clearly indicated in the accountant's report. II. Not undertaken with the intention of misleading the financial statement users.
B) I only.
C) II only.
D) Both I and II.
E) Either I or II.