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OCEG Exam GRCA Topic 2 Question 10 Discussion

Actual exam question for OCEG's GRCA exam
Question #: 10
Topic #: 2
[All GRCA Questions]

A NEGATIVE assurance opinion or statement is

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Suggested Answer: B

A NEGATIVE assurance opinion or statement indicates that, based on the procedures performed and evidence obtained, the assurance provider did not identify any reasons to believe that the subject matter does not conform to the applicable criteria. This form of opinion does not provide absolute assurance but rather limited assurance, suggesting that nothing came to the auditor's attention that causes them to believe the subject matter is not fairly stated. Reference:

AICPA Auditing Standards

IIA Standards for the Professional Practice of Internal Auditing


by Dean at Mar 23, 2025, 07:35 PM

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Elroy
2 months ago
Why do they even call it a 'negative assurance' opinion? Shouldn't it just be called an 'eh, it's probably fine' opinion?
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Meaghan
13 days ago
B) A statement that the assessment didn't observe anything that makes us doubt whether subject matter conforms to the suitable criteria and is free from meaningful misunderstanding.
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Chery
19 days ago
A) An affirmative statement that subject matter conforms to the suitable criteria and is free from meaningful misunderstanding
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Alonzo
2 months ago
I agree with Raul. Option B seems to best describe a negative assurance opinion.
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Ashton
2 months ago
Because it mentions encountering limitations in what can be concluded.
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Raul
2 months ago
I think B is the correct answer. A negative assurance opinion doesn't make a positive statement, it just says the assessment didn't find any issues.
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Adria
User 1: I think B is the correct answer.
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Johnson
3 days ago
Lucy: Exactly, it's about providing assurance without making a positive statement.
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Titus
9 days ago
User 3: So it's like saying there's nothing to doubt about the subject matter.
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Lucy
12 days ago
User 2: I agree, a negative assurance opinion just means no issues were found.
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Franklyn
1 months ago
User 1: I think B is the correct answer.
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Shawana
2 months ago
Why do you think it's option C?
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Ashton
2 months ago
I disagree, I believe it's option C.
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Shawana
2 months ago
I think a negative assurance opinion is option B.
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