Review Engagements on the Quarterly Financial Information of Public Companies

question 11

Multiple Choice

Review engagements on the quarterly financial information of public companies must be performed in accordance with

• A)Statements on Standards for Accounting and Review Services.
• B)Standards of the Public Company Accounting Oversight Board.
• C)Statements on Reviews for Public Registrants and Securities Acts.
• D)Standards set by the Public Oversight Board of the Enforcement Division of the SEC.

---

Definitions:

Ratings

Evaluations or assessments of the quality, performance, or popularity of products, services, or content, often influencing consumer choices and perceptions.

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs, emphasizing flexibility for both employers and workers.

Tax-free Purchases

Transactions exempt from sales tax, often related to purchases made in duty-free shops or certain goods in specific regions or situations.

High Tech

Industries and companies that are involved in developing and producing advanced technology products and services, especially in fields like electronics, software, and biotechnology.