Question 1 1 Point Which of the following is not true about the review of historical financial statements? Review ends up with preparing a report on the reliability of the financial statements. B)...

Q1

Extracted text: Question 1 1 Point Which of the following is not true about the review of historical financial statements? Review ends up with preparing a report on the reliability of the financial statements. B) Review provides reasonable assurance on the reliability of the financial statements. The auditor uses less evidence and incurs less costs in the review than in the audit. Review provides limited assurance on the reliability of the financial statements.