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An auditor is considering accepting an engagement to apply agreed-upon procedures to prospective financial statements. The engagement should only be accepted if:

a. the report is distributed only to the specified users involved

b. all financial statements also are examined

c. responsibility for the adequacy of the procedures performed is taken by the accountant.

d. assurance is expressed on the prospective financial statements taken as a whole

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92348168

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