Multiple Choice
Which of the following procedures would not be performed in a review of the financial statements of a private company?
A) Enquire about the accounting system and bookkeeping procedures.
B) Perform analytical procedures to identify relationships and individual items that appear to be unusual.
C) Obtain a lawyer's letter about claims and possible claims.
D) Study the financial statements for indications that they conform to generally accepted accounting principles.
Correct Answer:
Verified
Correct Answer:
Verified
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