Question: What does assurance mean in the financial reporting context? A Only an audit provides assurance B Both a review and an audit provide some level
What does "assurance" mean in the financial reporting context?
A Only an audit provides assurance
B Both a review and an audit provide some level of assurance
C A review provides reasonable assurance
D An assurance engagement is one where sufficient appropriate evidence is gathered to
express a conclusion
E An assurance engagement enhances the confidence of the users of the financial statements
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