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NEW QUESTION: 1
When performing an engagement to review a nonissuer's financial statements, an accountant most likely
would:
A. Ask about actions taken at board of directors' meetings.
B. Obtain an understanding of the entity's internal control.
C. Confirm a sample of significant accounts receivable balances.
D. Limit the distribution of the accountant's report.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. A review is based on inquiry and analytical procedures. The accountant should
inquire about actions authorized by the stockholders, the board of directors, or other management groups.
Choice "A" is incorrect. The accountant is not required to obtain an understanding of internal control in a
review engagement under SSARS. An understanding would be required in an audit or in a review of the
interim financial statements of a public entity, conducted under auditing (PCAOB) standards.
Choice "B" is incorrect. Distribution of a review report is not limited; however, each page of the financial
statements should be marked, "See Accountant's Review Report."
Choice "C" is incorrect. Confirmation is an auditing procedure used to corroborate stated account
balances. A review is based on inquiry and analytical procedures, and would not include confirmation of
balances.
NEW QUESTION: 2
Identifizieren Sie die fehlenden Wörter im folgenden Satz. Ein Projekt ist [? ] Organisation, die zum Zweck der Lieferung von Geschäftsprodukten erstellt wurde.
A. eine vorübergehende
B. eine technische
C. ein Unternehmen
D. eine externe
Answer: A
NEW QUESTION: 3
You want to implement Product Recommendations and you need to simulate the results before the e- mail with recommendations is sent. In which of the following apps can you preview the result of your new or updated configuration? Note: There are 2 correct Answers to this question.
A. Manage Recommendations
B. Recommendations Model Types
C. Recommendations Scenarios
D. Recommendation Models
Answer: C,D