Multiple Choice
If the auditor believes that financial statements prepared on the entity's income tax basis are not suitably titled,the auditor should:
A) Issue a disclaimer of opinion.
B) Explain in the notes to the financial statements the terminology used.
C) Issue a compilation report.
D) Modify the auditor's report to disclose any reservations.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Each page of the financial statements compiled
Q19: Which of the following is an auditor<b>
Q20: Which of the following is <b>not</b> an
Q21: Which of the following types of association
Q22: Accountant prepared or compiled financial statements must
Q24: Is independence required when an accountant
Q25: Which of the following is correct concerning
Q26: The auditors should not accept an engagement
Q27: Which of the following requires modification of
Q28: Which of the following is accurate relating