Day: October 24, 2025

The level of assurance provided by an assurance engagement depends on the type of engagement.

For the following example, select the level of assurance you would expect to be given.

-Report on review of interim financial information

Select ONE answer:

1. Reasonable
2. Absolute
3. Limited
4. Unlimited

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct – The review engagements provide limited assurance. No engagement provides absolute assurance.
4. Not correct

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