Which of these is NOT one of the five components of an assurance engagement?
ASuitable criteria
BAgreed subject matter
CA written conclusion
DAbsolute accuracy promise
Answer & Solution
Correct answer: D. Absolute accuracy promise
The five components never include absolute accuracy, since assurance gives only a level of comfort based on evidence.
Keep practising Assurance Services
Browse all Assurance Services questions for CA Final, or explore more Auditing topics.
Related questions
How long does ongoing FCPA due diligence on a relationship last?Due diligence has emerged as a separate profession for accounting experts, usually called Which US law made due diligence a legal term?A buyer examines a target company before a takeover. This is a common example of what?What does due diligence mean in general business usage?In forensic rating models, ratios weighted by coefficients to give an overall value are caWhy do forensic accountants use plain terms?The investigation of which gangster's finances is credited with showing the value of foren