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 that:

A) distribution of the report is restricted to the specified users involved.
B) the prospective financial statements also are examined.
C) responsibility for the adequacy of the procedures performed is taken by the accountant.
D) negative assurance is expressed on the prospective financial statements taken as a whole.