When performing an engagement to review a nonpublic entity’s financial statements, the accountant most likely would
　　A. Ask about actions taken at board of directors’ meetings.
　　B. Confirm a sample of significant accounts receivable balances.
　　C. Limit the distribution of the accountant’s report.
　　D. Obtain an understanding of the entity’s internal control.
　　Answer:A
　　A is corrent because a review of a nonpublic company’s financial statements includes analytical procedures and inquiries that provide the accountant with a reasonable basis for expressing limited assurance that there are no material modifications that should be made to the financial statements. Those inquiries ordinarily include questions on actions taken at board directors’ meetings.
　　B is incorrect because confirmations are not ordinarily included in a review.
　　C is incorrect because a review report need not be limited in its distribution.
　　D is incorrect because a review of a nonpublic company does not require that the accountant obtain an understanding of the entity’s internal control--only an interim review of a public company requires such knowledge.