The value of an assurance service lies in its ability to:
A) improve information relevance and reliability.
B) report on the assurance process.
C) improve the consistency of information.
D) provide a professional service that is valued by the responsible party.

Question

Quizplus · Accepted Answer

The main value of an assurance service is in its ability to increase the relevance and reliability of information. This can provide users with greater confidence in the accuracy and completeness of the information, which can improve decision-making processes. The other choices may also be benefits of an assurance service, but they are not as significant as improving information relevance and reliability.

The Value of an Assurance Service Lies in Its Ability