When performing review services, the accountant is not required to obtain an understanding of the client's internal control.

Name: When performing review services, the accountant is not required to obtain an understanding of the client's internal control.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a review service, the accountant primarily performs inquiry and analytical procedures and is not required to understand or assess the client's internal control system, unlike in an audit.

When Performing Review Services, the Accountant Is Not Required to Obtain