A special report related to compliance with contractual provisions provides:
A)positive assurance.
B)negative assurance.
C)no assurance.
D)none of these.

Question

Quizplus · Accepted Answer

A special report related to compliance with contractual provisions typically provides negative assurance. Negative assurance means the auditor is stating that, based on their review, nothing has come to their attention that causes them to believe that the entity has not complied with the specified contractual provisions. It does not provide a positive statement of compliance (positive assurance) or a complete absence of assurance.

A Special Report Related to Compliance with Contractual Provisions Provides