Which of the following statements is true?
a. Professional standards prohibit CPAs from
performing non-assurance engagements.
b. Absolute assurance is attainable owing to
the fact that much of the evidence
available to the CPA is persuasive rather
than conclusive.
c. The CPA’s conclusion provides a
level of assurance about the subject
matter.
d. The responsible party expresses a
conclusion that provides a level of
assurance as to whether the subject
matter conforms, in all material respects,
with the identified suitable criteria
a. Professional standards prohibit CPAs from
performing non-assurance engagements.
b. Absolute assurance is attainable owing to
the fact that much of the evidence
available to the CPA is persuasive rather
than conclusive.
c. The CPA’s conclusion provides a
level of assurance about the subject
matter.
d. The responsible party expresses a
conclusion that provides a level of
assurance as to whether the subject
matter conforms, in all material respects,
with the identified suitable criteria