- 1 Marks
AAA – L3 – SA – Q4.9 – Assurance services
What is true about assurance engagements?
Question
Which of the following is true about assurance engagements?
A They are an alternative to an audit
B The subject matter is the responsibility of the professional accountant
C Assurance engagements can either have reasonable (high) or limited (moderate) levels of assurance
D There is no risk for the professional accountant
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