A review of a company's financial
statements by a CPA firm:
a. Is similar in scope to an audit and adds
similar credibility to the statements.
b. Is significantly less in scope than an audit
and results in a report which provides
positive assurance, although not absolute
assurance.
c. Concludes with the issuance of a report
expressing the CPA's opinion as to the
fairness of the financial statements.
d. Is designed to provide only
moderate assurance
statements by a CPA firm:
a. Is similar in scope to an audit and adds
similar credibility to the statements.
b. Is significantly less in scope than an audit
and results in a report which provides
positive assurance, although not absolute
assurance.
c. Concludes with the issuance of a report
expressing the CPA's opinion as to the
fairness of the financial statements.
d. Is designed to provide only
moderate assurance