Which of the following would be considered an assurance engagement?
a. Giving an opinion on a prize promoter’s claims about the amount of sweepstakes prizes awarded in the past.
b. Giving an opinion on the conformity of the financial statements of a university with gen- erally accepted accounting principles.
c. Giving an opinion on the fair presentation of a newspaper’s circulation data.
d. Givingassuranceabouttheaveragedrivelengthachievedbygolferswithaclient’sgolfballs.
e. All of the above.

Question

FriendlyDude7501 FriendlyDude7501

15-10-2019
Business

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Which of the following would be considered an assurance engagement?
a. Giving an opinion on a prize promoter’s claims about the amount of sweepstakes prizes awarded in the past.
b. Giving an opinion on the conformity of the financial statements of a university with gen- erally accepted accounting principles.
c. Giving an opinion on the fair presentation of a newspaper’s circulation data.
d. Givingassuranceabouttheaveragedrivelengthachievedbygolferswithaclient’sgolfballs.
e. All of the above.

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enyo enyo · Answer 1 · 2019-10-16T11:41:22+02:00

Answer: Option (E)

Explanation:

Assurance engagement tends to refer or mean that an engagement, under which an individual or practitioner tends to express a conclusion, that is designed in order to enhance the level or degree of confidence of user or the intended user, apart from the responsible individual about the result or outcome of measurement or evaluation of the subject matter against the stated criteria.