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NEW QUESTION: 1
An accountant has compiled the financial statements of a nonissuer in accordance with Statements on
Standards for Accounting and Review Services (SSARS). The financial statements are expected to be
used by a third party. Does SSARS require that the compilation report be printed on the accountant's
letterhead and that the report be manually signed by the accountant?
A. Option B
B. Option D
C. Option A
D. Option C
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. SSARS does not require that the compilation report be printed on the accountant's
letterhead, nor does it require a manual signature. According to SSARS, a compilation report must state
that a compilation has been performed, describe what a compilation is, and emphasize that since no audit
or review was performed, no assurance is provided. Although a signature is required, it need not be
manual.
Choices "A", "B", and "C" are incorrect, per the above Explanation.
NEW QUESTION: 2
A. Option B
B. Option A
C. Option C
Answer: A
NEW QUESTION: 3
Which of the following media types is LEAST likely to be affected by electromagnetic interference?
A. Wireless B
B. HSPA
C. Coaxial
D. Fiber
Answer: D
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