Hello,
I just completed the MCQ on assurance. Though I scored all the questions can you please explain the answer to question 1.
It states which of the following is not one of the elements of an assurance engagement?
All the 4possible answers listed are elements of an assurance engagements per notes however the quiz is stating that a three party relationship is not one of the assurance engagements...can you please help me understand...
Thank you.
Nyamekye.
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MCQ - assurance Q1
If you look carefully you will see that the parties listed in the question are not the same as listed in the notes. Practitioner should be one.
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