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This Question Is Related to Other Public Accounting Services and Reports.For

Question 49

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This question is related to other public accounting services and reports.For each statement,description,or phrase (1-5),indicate the related type of engagement or report (A-F).
A. Reports on elements, accounts, or items of a financial statement.
B. Reports on compliance with contractual agreements or regulatory requirements.
C. Reports on the agreed-upon procedures.
D. Reports on internal control.
E. Reviews of unaudited financial statements of a nonissuer.
F. Compilations of financial statements.
___ 1. Management issues a separate report containing assertions.
___ 2. In our opinion, the schedule of inventory referred to above presents fairly, in all material respects.
___ 3. It is substantially less in scope than an audit in accordance with generally accepted auditing standards.
___ 4. Examination or agreed-upon procedures about conforming to the rules and regulations of a regulatory agency.
___ 5. The report identifies specific users and describes, in detail, the procedures specified by the users.

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