The report in a review engagement provides:
A)limited assurance.
B)positive assurance.
C)an opinion.
D)a summary of findings.

Question

Quizplus · Accepted Answer

In a review engagement, the report provides limited assurance which means the reviewer provides a moderate level of assurance, based on analytical procedures and inquiries, that the financial statements are free from material misstatement. The report does not provide an opinion or positive assurance, but it may include a summary of findings if necessary.

The Report in a Review Engagement Provides