Which of the Following Would Best Be Described as an Assurance

question 38

Multiple Choice

Which of the following would best be described as an assurance service?

• A)Preparing a report representing a client's position during an IRS audit.
• B)Working with a company to develop a more efficient method of processing financial transactions.
• C)Offering an opinion concerning the accuracy of statements made on an entity's website relating to its online privacy policies.
• D)Assisting a company in identifying potential sources of capital for potential acquisitions.

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Definitions:

U.S. Constitution

The supreme law of the United States, establishing the framework of the national government, fundamental rights, and liberties of individuals.

Enumerated Powers

Specific powers granted to the United States Congress by the Constitution, including the authority to coin money, regulate commerce, and declare war.

Article I, Section 8

A section of the United States Constitution that outlines the powers of Congress, including taxation, borrowing money, regulating commerce, and declaring war.

Interpretation

The act of explaining or defining the meaning of something, especially in the context of laws, texts, and artworks.