Which of the Following Is Classified as an Attestation Service

question 53

Multiple Choice

Which of the following is classified as an attestation service?

• A) Compilation
• B) Tax planning engagement
• C) Consulting engagement
• D) Audit of historical financial statements

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Definitions:

Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.

Justifiable Reliance

A legal principle in contract law where a party can claim damages if they reasonably relied on the promises or representations of another party.

Slander And Libel

Forms of defamation, where slander refers to spoken defamatory statements and libel to written ones.

False Rumors

False rumors are unfounded statements or allegations that lack truth and may cause harm or misinformation.