Which of the following is true of the report
based on agreed-upon-procedures?
a. The report is restricted to those
parties who have agreed to the
procedures to be performed.
b. The CPA provides the recipients of the
report limited assurance as to
reasonableness of the assertion(s)
presented in the financial information.
c. The report states that the auditor has not
recognized any basis that requires
revision of financial statements.
d. The report should state that the
procedures performed are limited to
analytical procedures and inquiry
based on agreed-upon-procedures?
a. The report is restricted to those
parties who have agreed to the
procedures to be performed.
b. The CPA provides the recipients of the
report limited assurance as to
reasonableness of the assertion(s)
presented in the financial information.
c. The report states that the auditor has not
recognized any basis that requires
revision of financial statements.
d. The report should state that the
procedures performed are limited to
analytical procedures and inquiry