Which one of the following services provides a moderate level of assurance about the client's financial statements?
A) Compliance
B) Review
C) Audit
D) Forecasts and projections

Question

Quizplus · Accepted Answer

A review provides a moderate level of assurance on the client's financial statements. An audit provides a high level of assurance, while compliance and forecasts/projections do not provide any assurance about the financial statements.

Which One of the Following Services Provides a Moderate Level