It Is the End of the Client's First Quarter and Bill

question 30

Multiple Choice

It is the end of the client's first quarter and Bill Smith,CPA has been engaged to perform a compilation and to issue a compilation report on the financial statements.The client does not wish to present notes to the financial statements.The appropriate report includes:

• A)Qualified opinion ("subject to" the omission of the notes).
• B)Compilation report with an adverse opinion due to inadequate disclosure.
• C)Standard compilation report.
• D)Compilation report with an indication that all required disclosures under GAAP may not be presented with the statements.

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Definitions:

Mutable Class

Describes a class in programming whose instances can be modified after they are created.

Public Methods

Functions or procedures available to any object or class that wishes to use them in a class.