Which of the following procedures should an accountant perform during an engagement to review the financial statements of a Nonissuer?

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Which of the following procedures should an accountant perform during an engagement to review the financial statements of a nonissuer?
A. Communicating significant deficiencies discovered during the assessment of control risk.
B. Obtaining a client representation letter from members of management.
C. Sending bank confirmation letters to the entity’s financial institutions.
D. Examining cash disbursements in the subsequent period for unrecorded liabilities.

Which of the following procedures would an accountant least likely perform during an engagement to review the financial statements of a nonissuer?


a.

Inquiring of management about actions taken at the board of directors' meetings.

b.

Comparing the financial statements with anticipated results in budgets and forecasts.

c.

Observing the safeguards over access to and use of assets and records.

d.

Studying the relationships of financial statement elements expected to conform to predictable patterns.

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