When a CPA performs an examination engagement under the attestation standards, the amount of evidence gathered is ________ and the level of assurance is ________.
A) extensive; varying
B) significant; high
C) extensive; high
D) significant; moderate

Question

Quizplus · Accepted Answer

In an examination engagement under the attestation standards, the CPA gathers extensive evidence to support their conclusion. The level of assurance provided by the CPA is high, meaning it provides a high level of confidence in the subject matter being reported on.

When a CPA Performs an Examination Engagement Under the Attestation