Problem

This question is related to other public accounting services and reports. For each stateme...

This question is related to other public accounting services and reports. For each statement, description, or phrase (1-5), indicate the related type of engagement or report (A-F).

A. Reports on elements, accounts, or items of a financial statement

B. Reports on compliance with contractual agreements or regulatory requirements

C. Reports on the agreed-upon procedures

D. Reports on internal control

E. Reviews of unaudited financial statements of a nonissuer

F. Compilations of financial statements

____ 1. Management issues a separate report containing assertions.

____ 2. “In our opinion, the schedule of inventory referred to above presents fairly, in all material respects

____ 3. They are substantially less in scope than an audit in accordance with generally accepted auditing standards.

____ 4. They are examinations or agreed-upon procedures about conforming to the rules and regulations of a regulatory agency.

____ 5. The reports identify specific users and describe the procedures specified by the users in detail.

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