1) Which of the following is not a difference between the audit report of a nonpublic...

 

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1) Which of the following is not a difference between the audit report of a nonpublic and public company? A) The public company report is shorter. B) The public company report refers to standards of the PCAOB. C) The public company report includes the word "Registered" in the title. D) The public company report has an additional paragraph referring to the client's fraud prevention procedures. 1) 2) Which of the following information need not be reported in the auditors' report if the information is considered to be properly stated after performing appropriate procedures? A) Other information in documents containing audited financial statements. B) FASB-required supplementary information. C) GASB-required supplementary information. D) Supplementary information in relation to the financial stàtements as a whole. 2) 3) Which of the following procedures is least likely to be completed before the balance sheet date? A) Confirmation of receivables. B) Search for unrecorded liabilities. C) Observation of inventory. D) Review of internal control over cash disbursements. 3) 1) Which of the following is not a difference between the audit report of a nonpublic and public company? A) The public company report is shorter. B) The public company report refers to standards of the PCAOB. C) The public company report includes the word "Registered" in the title. D) The public company report has an additional paragraph referring to the client's fraud prevention procedures. 1) 2) Which of the following information need not be reported in the auditors' report if the information is considered to be properly stated after performing appropriate procedures? A) Other information in documents containing audited financial statements. B) FASB-required supplementary information. C) GASB-required supplementary information. D) Supplementary information in relation to the financial stàtements as a whole. 2) 3) Which of the following procedures is least likely to be completed before the balance sheet date? A) Confirmation of receivables. B) Search for unrecorded liabilities. C) Observation of inventory. D) Review of internal control over cash disbursements. 3)

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1 The answer is D The public company report has an additional paragraph referring to th... View the full answer