An accountants standard report on a compilation of a projection should not include a. A separate paragraph

Question:

An accountant’s standard report on a compilation of a projection should not include

a. A separate paragraph that describes the limitations on the presentation’s use¬ fulness.

b. A statement that a compilation of a projection is limited in scope.

c. A disclaimer of responsibility to update the report for events occurring after the report’s date.

d. A statement that the accountant expresses only limited assurance that the results may be achieved.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing Integrated Concepts And Procedures

ISBN: 9781260299397

5th Edition

Authors: Donald H. Taylor, G. William Glezen

See More Books

Question Posted: May 10, 2024 09:02 AM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
MULTIPLE-CHOICE QUESTIONS 1. In which of the following circumstances would an auditor be most likely to express an adverse opinion on a company's financial statements? a. Information comes to the...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
Solve the compound linear inequality graphically. Write the solution set in set-builder or interval notation, and approximate endpoints to the nearest tenth whenever appropriate. 1.59.10.5x6.8
An automobile weighing 13.6 kN is moving at 17.0 m/s when it collides with a stopped car weighing 9.0 kN. If they lock bumpers and move off together, what is their speed just after the collision?
Suppose the average credit card debt of Canadian households is normally distributed with a mean of $2,400 and a standard deviation of $756. a. What proportion of credit card debt is less than $1,000?...
What must be included in a separate statement?
Fazel Chairs, Inc., makes two types of chairs. Model Diamond is a high-end product designed for professional offices. Model Gold is an economical product designed for family use. Irene Fazel, the...
Name (Round all answers to two decimal places.) Quiz 2 MAT125 1) On a test, assume = 71 and =2.43. a) If a student's test score is 76, find their z-score. b) If a student's test score is 67, find...
When an independent CPA is associated with the financial statements of a publicly held entity but has not audited or reviewed such statements, the appropriate form of report to be issued must include...
When an accountant compiles projected financial statements, the accountants report should include a separate paragraph that a. Describes the differences between a projection and a forecast. b....
The Oprah Corporation and the Harpo Corporation have had remarkably similar earnings patterns over the last five years. In fact, both firms have had identical earnings per share. Further, both firms...
How will knowledge of sexual identities help you in your nursing profession? Give a couple of real-life or hypothetical situations to support your discussion.
5. Write a main function that does the following: a) Request a full name of your favorite US president from the console input. b) Use string functions to print the first name and last name...
you went through the source selection process and recommended a vendor for the contract award. In this project, we will explore legal and ethical considerations in contracting as your team finalizes...
3. Given below are the production data for Department No. 1 for the first month of operation: Costs charged to Department 1: Direct Materials $12,000 Labor 2,600 Overhead 15,900 During this first...
A patient is admitted to your unit after undergoing trans sphenoidal surgery for a brain tumor. Describe the major complications to assess for, along with the signs and symptoms of each. Describe the...
Saturated water vapor at 200 kPa is in a constant pressure piston cylinder. At this state the piston is 0.1 m from the cylinder bottom and cylinder area is 0.25 m2. The temperature is then changed to...
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?

An accountants standard report on a compilation of a projection should not include a. A separate paragraph

Question:

Step by Step Answer:

Auditing Integrated Concepts And Procedures

Students also viewed these Business questions