Multiple Choice the statements may not be appropriate for the purposes of users the financial statement information has been compiled Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or completeness.

Multiple Choice the statements may not be appropriate for the purposes of users the financial statement information has been compiled Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or completeness.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

49
00:40:19
An accountant's communication on the financial statements in a compilation engagement would NOT include a statement that
Multiple Choice
the statements may not be appropriate for the purposes of users
the financial statement information has been compiled
Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or
completeness.
a compilation engagement consists primarily of inquiries of company personnel and analytical procedures applied to financial

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