Assurance, attestation, and auditing are similar because all three represent a common process of _______.
A)taking information prepared by someone else and comparing that information to an established set of criteria.
B)compiling and reviewing historical financial statements and providing non-financial information.
C)compiling historical financial statements and providing non-financial information and web security.
D)reviewing financial forecast, examining internal controls, and providing website security.

Question

Quizplus · Accepted Answer

Assurance, attestation, and auditing all involve taking information prepared by someone else (such as financial statements or other data) and comparing it to an established set of criteria. This process helps to ensure accuracy and reliability of the information presented.

Assurance, Attestation, and Auditing Are Similar Because All Three Represent