Question：In a review of a business plan, the auditor will only normally be able to give a limited level of assurance.
What will their report state?
A. Nothing has come to their attention that indicates that the business plan is not accurate.
B. The business plan shows a true and fair view.
C. The business plan is accurate.
D. Nothing has come to their attention that indicates that the assumptions upon which the business plan is based are not reasonable.
The correct answer is:Nothing has come to their attention that indicates that the assumptions upon which the business plan is based are not reasonable.
Negative assurance is given on review assignments, the auditor is saying 'I believe this is reasonable because I have no reason to believe otherwise'.