By definition, a compilation is:

Question $55$ options:

Limited to presenting in the form of financial statements information that is the representation of management, without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements.

An engagement to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements.

Either $(1)$ Limited to presenting in the form of financial statements information that is the representation of management, without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements or $(2)$ An engagement to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements.

Neither $(1)$ Limited to presenting in the form of financial statements information that is the representation of management, without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements nor $(2)$ An engagement to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are material modifications that should be made to the financial statements.