questionman1734 questionman1734

09-05-2024
Business

Answered

The standard compilation report on the financial statements of a nonissuer that omit substantially all disclosures should:
I. Include a paragraph disclosing such omissions.
II. Include a disclaimer of opinion.
III. State that if the omitted disclosures were included, they might influence the user's conclusions.

A. I only.
B. 1, II, and III.
C. I and III only.
D. Ill only

Answer :

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