easy5 pts · first answer countsaudit-basics

Why assurance is not absolute

Why can an audit give only reasonable assurance, not absolute assurance?

A.Auditors are not qualified to give absolute assuranceB.The law forbids absolute assuranceC.Audit fees are too lowD.Because of inherent limitations such as sampling, judgement and evidence that is persuasive rather than conclusive

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Why assurance is not absolute

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