AICPA每日一练之AUD【2015-12-18】

高顿网校2015-12-18 09:34Lynn.yu
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Which of the following statements should not be included in an accountant’s standard report based on the compilation of an entity’s financial statements?

A. A statement that a compilation is limited to presenting, in the form of financial statements, information that is the representation of management.

B. A statement that the accountant has not audited or reviewed the financial statements.

C. A statement that the compilation was performed in accordance with standards established by the American Institute of CPAs.

D. A statement that the accountant does not express an opinion but expresses only limited assurance on the financial statements.

Answer:D

D is correct because a compilation report provides no assurance on the financial statements.

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