When Performing Compilation Services, the Accountant Is Not Required to Obtain

question 122

True/False

When performing compilation services, the accountant is not required to obtain an understanding of the client's internal control.

---

Definitions:

Social Needs

Social needs are inherent psychological requirements for belonging, love, and interpersonal relationships that motivate behavior.

Interpersonal Relationships

Social connections and associations between two or more individuals, varying in duration and levels of intimacy and significance.

Esteem Needs

are psychological requirements for respect, self-esteem, recognition, and confidence, part of Maslow's hierarchy of needs.

Personal Competence

An individual's ability to effectively manage and use their own emotions and skills in various situations.