12. An accountants' report includes the phrase "We are not aware". This phrase indicates: a. An attestation engagement was not performed. b. Management had not established sufficient criteria to allow an opinion to be expressed. c. The accountants are providing limited assurance. d. The accountants are expressing a disclaimer of opinion.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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rr.31.

12. An accountants' report includes the phrase "We are not aware". This phrase indicates:
a. An attestation engagement was not performed.
b. Management had not established sufficient criteria to allow an opinion to be
expressed.
c. The accountants are providing limited assurance.
d. The accountants are expressing a disclaimer of opinion.
Transcribed Image Text:12. An accountants' report includes the phrase "We are not aware". This phrase indicates: a. An attestation engagement was not performed. b. Management had not established sufficient criteria to allow an opinion to be expressed. c. The accountants are providing limited assurance. d. The accountants are expressing a disclaimer of opinion.
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