Question: Select from the option list provided the correct answer regarding the issues related to SSARSs for preparation, compilation, and review services. Each choice may be

Select from the option list provided the correct answer regarding the issues related to SSARSs for preparation, compilation, and review services. Each choice may be used once, more than once, or not at all.

Issue

Type of service

1 .

Assurance is provided.

2 .

An engagement letter is required.

3 .

Independence is required.

4 .

The accountant is responsible for the financial statements.

5 .

A report is required.

6 .

The financial statements may be released to users other than management.

7 .

The financial statements may omit substantially all disclosures

(

notes

) .

8 .

An opinion is expressed.

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