Following Are a Set of Statements

question 44

Essay

Following are a set of statements.For each statement indicate with an "X" whether it is correct with respect to an examination,a review,and an agreed-upon procedures engagement.Each statement may relate to none,one or more services. $$\begin{array} { | l | c | c | c | } \hline \text { Statement } & \text { Examination } & \text { Review } & \begin{array} { c } \text { Agreed-upon } \\\text { procedures }\end{array} \\\hline \text { 1. Independence is required. } & \mathbf { } & \mathbf { } & \mathbf { } \\\hline \begin{array} { l } \text { 2. The report issued includes a list of } \\\text { prosedures performed and a summary of } \\\text { findings. }\end{array} & & & \mathbf { } \\\hline \begin{array} { l } \text { 3. Subject matter is required for the } \\\text { engagement. }\end{array} & \mathbf { } & \mathbf { } & \mathbf { } \\\hline \text { 4. The report includes limited assurance. } & & \mathbf { } & \\\hline \text { 5. The report includes negative assurance. } & & \mathbf { } & \\\hline \begin{array} { l } \text { 6. Materially misstated client information } \\\text { leads to either a qualified or adverse opinion. }\end{array} & \mathbf { } & & \\\hline \begin{array} { l } \text { 7. Specified parties agree on the nature of the } \\\text { procedures. }\end{array} & & & \mathbf { } \\\hline\begin{array} { l } \text { 8. This form of association is not available for } \\\text { a financial forecast. }\end{array} & & \mathbf { } & \\\hline\end{array}$$

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Definitions:

Race

A social construct used to categorize humans into large and distinct groups based on physical appearances, ancestry, and cultural history.

Gender

A social construct relating to the roles, behaviors, activities, and attributes that a particular society considers appropriate for men, women, and other gender identities.

Multicultural Organization

An organization that has core values that respect diversity and support multiculturalism.

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual life.