Which of the Following Is a Correct Statement Regarding Review

Which of the following is a correct statement regarding review, compilation, and preparation services?

A) A written engagement letter is not needed for a review, compilation or preparation service.
B) The Statements on Standards for Accounting and Review Services (SSARS) clarity project used international standards as the base standard when revising the SSARS.
C) CPAs must be independent of the client in a review service engagement and for an audit engagement.
D) The amount of evidence accumulated in a review is minimal.

Correct Answer:

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