MULTIPLE CHOICE

a. These reports include other information and explanations that are not intended to affect the practitioners conclusion. It describes in detail the terms of the engagement, the criteria being used, findings relating to particular aspects of the engagement, details of the qualifications and experience of the practitioner and others involved with the engagement, disclosure of materiality levels and in some cases, recommendations

A. Attestation report

B. Long-form report

C. Short-form report

D. Unqualified Audit Report

b. The objective of this engagement is a reduction in assurance engagement risk to an acceptably low level in the circumstances of the engagement as the basis for a positive form of expression of the practitioners conclusion

A. Reasonable assurance engagement

B. Limited assurance engagement

C. Agreed-upon procedures

D. Compilation engagement

c. Subject matter information can fail to be properly expressed in the context of the underlying subject matter and the criteria and can therefore be misstated potentially to a material extent

A. Agree-upon procedures

B. Assurance engagement

C. Attestation engagement

D. Limited assurance engagement

d. The practitioners conclusion addresses the reported outcome of the measurement or evaluation of the underlying subject matter against criteria

A. Direct engagement

B. Attestation engagement

C. Limited assurance engagement

D. Agreed-upon procedures

e. The objective of this engagement is a reduction in assurance engagement risk to a level that is acceptable in the circumstances of the engagement but where the risk is greater than for a reasonable assurance engagement, as the basis for a negative form of expression of the practitioners conclusion.

A. Attestation engagement

B. Direct engagement

C. Limited assurance engagement

D. Assurance engagement

f. This is a representation or statement which may be expressly stated or implied by the responsible party.

A. Assertion

B. Subject matter of information

C. Subject matter

D. Applicable financial reporting framework

g. This involves a limited investigation of much narrower scope that an audit and undertaken for the purpose of providing limited assurance that the subject matter is presented in accordance with identified suitable criteria

A. Attestation engagement

B. Review engagement

C. Direct Engagement

D. Limited assurance engagement

h. In this engagement, the auditor is engaged to carry out those procedures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual finding

A. Agreed-upon procedures

B. Attestation services

C. Assurance services

D. Review engagement