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the mutiple choices question regarding to assurance engagement

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › the mutiple choices question regarding to assurance engagement

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarKen Garrett.
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  • November 8, 2014 at 3:40 pm #208424
    AvatarLily
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Dear Tutor
    I have one question regarding to the mutiple choices question.
    Which of the following is NOT one of the five elements of an assurance engagement?
    A) A three party relationship consisting of a responsible party, users and subject matter
    B) A written report in the appropriate form.
    C) Sufficient, appropriate evidence
    D) Suitable criteria

    According to the definition of assurance engagement, only C) didn’t be mentioned. why the correct answer should be A) ?

    November 8, 2014 at 5:01 pm #208439
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10659
    • ☆☆☆☆☆

    The five elements of an assurance engagement are:

    (a) A three party relationship involving a PRACTITIONER, a responsible party, and intended users
    (b) An appropriate subject matter
    (c) Suitable criteria
    (d) Su?cient appropriate evidence
    (e) A written assurance report in the form appropriate to a reasonable assurance engagement or a limited assurance engagement

    However, option A in the MCQ states A three party relationship involving a responsible party, users and SUBJECT MATTER

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