Consider whether the following statements are true or false:

(a) The same standards of independence need not be applied in assurance engagements as in the statutory audit of financial statements.

(b) A review engagement results in a conclusion in the assurance report that gives limited assurance.

(c) An assurance engagement need only have two parties involved – the practitioner and the responsible party.

(d) If criteria is said to be complete, this means that the intended user will be able to rely on the subject matter information of the assurance report.

(e) A conclusion in an assurance report that takes the form of a negative form of expression is of little value to the intended user.