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. Reviews of unaudited financial statements of a nonissuer

B. Compilations of financial statements

C. Reviews of unaudited interim financial statements of a public company

D. Reports on financial statements prepared according to a special purpose framework.

E. Reports on compliance with contractual agreements or regulatory requirements.

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

____ 1. The information should conform to the accounting principles in ASC 270, “Interim Financial Reporting.”

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

____ 3. They are limited to presenting in the form of financial statements information that is the representation of management.

____ 4. As described in Note 2, these financial statements were prepared on the cash receipts and disbursements basis of accounting.

____ 5. They present a reasonable basis for expressing limited assurance that no material modifications should be made to the statements.

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