An assurance service is defined as a service that
A) Provides auditing services to nonfinancial information.
B) Reviews unaudited financial information.
C) Improves the quality of information for decision makers.
D) Reduces the risk in management decision making.

Question

Quizplus · Accepted Answer

An assurance service is a service that improves the quality of information for decision makers. It can include performing audits, reviews, or other procedures on financial or nonfinancial information to provide assurance to users about the reliability and relevance of that information. However, the key objective of assurance services is to enhance the confidence of decision makers in the information being used to make decisions.

An Assurance Service Is Defined as a Service That