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Before reissuing a compilation report on the financial statements of a nonissuer for the prior year, the predecessor accountant is required to A. Verify that the reissued report will not be used to obtain credit from a financial institution. B. Compare the prior year’s financial statements with those of the current year. C. Review the successor accountant’s working papers for matters affecting the prior year. D. Make inquiries about actions taken at meetings of the board of directors during the current year. |