You Have Just Recently Become a Member of Your Local

question 35

Multiple Choice

You have just recently become a member of your local non-profit housing co-op by moving into the largest unit.The board of directors has asked that you handle the review engagement but you are concerned about independence.What is a practical way for you to stay in the co-op but also perform the review engagement?

• A)Request a bylaw stating that the accountant cannot vote for board members.
• B)Do a compilation rather than a review engagement.
• C)Have all the preparation work for the review engagement completed by a board member.
• D)Include a paragraph in the review engagement report stating that you are not independent.

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Definitions:

Biramous Appendages

Appendages with two jointed branches extending from their base. Compare with uniramous appendages.

Arthropods

A large group of invertebrate animals that includes insects, spiders, crustaceans, and others, characterized by segmented bodies, exoskeletons, and jointed limbs.

Crustaceans

A diverse group of arthropods, including crabs, lobsters, and shrimp, typically having a segmented body and an exoskeleton.

Vectors

Entities that carry and transmit genetic information or physical quantities, characterized by magnitude and direction.