Question 1

The engagement team performs SAPs on payroll expenses and concludes that the precision of expectation is moderately precise and the recorded amount is within the variance threshold of up to TE, combined with other relevant substantive procedures. Based on the facts described above, which of the following is the level of assurance the team achieved from the SAPs on payroll expenses?

a. Some

b. Persuasive

c. Little

d. Corroborative