Question 5d
Marking Guide
negative assurance | |
| 1 mark per action (0·5 if brief or unclear e.g. ‘warning cash flow may be inaccurate’) | |
| – definition | |
| – audit report = positive assurance | |
| – level of reliance | |
| – limited audit procedures | |
| – other relevant points | |
| maximum marks | 4 |