CPA
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Free InquiryA CPA was engaged to calculate the rate of return on a specified investment according to an agreed upon formula and verify that the resultant percentage agrees to the percentage in an identified schedule. The CPA’s report on these agreed-upon procedures should contain
A. An opinion about the fairness of the agreed-upon procedures.
B. A separate paragraph describing the effectiveness of the internal controls.
C. A disclaimer of responsibility for the sufficiency of those procedures.
D. A disclaimer of opinion on the fair presentation of the financial statements.
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