An Accountant May Accept an Engagement to Apply Agreed-Upon Procedures

Multiple Choice

An accountant may accept an engagement to apply agreed-upon procedures to prospective financial statements provided the:

A) Provisions of Statements on Standards for Accounting and Review Services (SSARS) are followed.
B) Accountant also examines the prospective financial statements.
C) Distribution (use) of the report is restricted to the specified users.
D) The accountant takes responsibility for the adequacy of the procedures performed.