A review engagement involves performing limited procedures$--$like analytical procedures and inquiries. The goal is to gather enough evidence to drive attestation risk to a moderate level.

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CONCEPT REVIEW:

When an accountant is performing a review and notices an uncorrected material departure from the criteria, the traditional review report must be modified.

$1.$ Limited assurance is also called $\_\_$ assurance

$2.$ If a material departure is not $\_\_$ the report needs to be modified

$3$ In a review, practitioners gather sufficient evidence to drive risk to a $\_\_\_$ level

$4.$ Examples of limited procedures in a review are $\_\_\_$ procedures and inquires

$5.$ The review report provides $\_\_\_\_$ assurance that the information is fairly presented

Part $2-$ Concept Check