Acpa is required to comply with the provisions of statements on standards for attestation engagements (ssae) when engaged to:

a. review management's discussion and analysis (md& a) prepared pursuant to rules and regulations adopted by the sec.
b. report on financial statements that the cpa generated through the use of computer software.
c. audit financial statements that the client prepared for use in another country.
d. provide the client with a financial statement format that does not include dollar amounts.

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business. true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.