In a Review Engagement, the Accountant Must Make All of the Following

question 38

Multiple Choice

In a review engagement, the accountant must make all of the following inquiries except those to:

• A)Identify subsequent events having a material effect on the statements.
• B)Understand internal controls.
• C)Identify actions taken at stockholders' meetings.
• D)Ascertain whether statements are in accordance with GAAP.

---

Definitions:

Moderate Physical Activity

Exercises that elevate the heart rate to a level where speaking is possible but not easy, beneficial for overall health.

Moderately Vigorous Activity

Physical activity that is energetically demanding to some extent but not to the degree of causing excessive fatigue or physical stress.

Aerobic Exercise

Physical activity that improves cardiovascular endurance by promoting the circulation of oxygen through the blood.

Proper Shoes

Footwear that is well-fitted, suitable for one’s foot shape, and appropriate for specific activities to prevent injuries and improve comfort.