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An audit is one sort of assurance engagement. True or false?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/03/26
Fathi Matbaq
by Fathi Matbaq , Senior Purchasing Officer , Alghanim Industries

True. One type of assurance services is attestation services/engagement and one type of attestation service is audit of financial statements or examination.

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