financial statements
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Free InquiryWhich of the following factors most likely would cause an accountant not to accept an engagement to
compile the financial statements of a non-issuer?
A. A lack of segregation of duties in the entity’s accounting and payroll departments.
B. Indications that reports of asset misappropriation are not investigated by management.
C. The entity’s intention to omit from the financial statements substantially all of the disclosures required
by GAAP.
D. Management’s acknowledgement that the financial statements will be included in a written personal
financial plan.
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