Which of the Following Procedures Would Most Likely Be Included

question 148

Multiple Choice

Which of the following procedures would most likely be included in a review engagement of a nonissuer?

• A) Preparing a bank transfer schedule.
• B) Inquiring about related party transactions.
• C) Assessing the internal control structure.
• D) Performing cutoff tests on sales and purchases transactions.

---

Definitions:

Progressive Party

A political party in the United States that advocated for reform and progressive policies, notably active in the early 20th century.

American Freedom

The set of values, principles, and practices that define the liberties and rights pursued and protected in the United States, including freedom of speech, religion, and the pursuit of happiness.

Alger Hiss

A former U.S. government official who was accused of being a Soviet spy in 1948 and convicted of perjury in connection with this charge.

Julius Rosenberg

An American who, along with his wife Ethel, was convicted of espionage for the Soviet Union and executed in 1953, in a case that remains controversial.