OCEG GRCA Exam - Topic 2 Question 20 Discussion

Actual exam question for OCEG's GRCA exam

Question #: 20
Topic #: 2

[All GRCA Questions]

A NEGATIVE assurance opinion or statement is

AAn affirmative statement that subject matter conforms to the suitable criteria and is free from meaningful misunderstanding

BA 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.

CA statement that the assessment encountered some limitations in what can be concluded and outside of those limitations a positive or negative statement can be offered.

Show Suggested Answer

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 Tamekia at Nov 21, 2025, 02:03 PM

Limited Time Offer

25%

Off

Get Premium GRCA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Filiberto

9 hours ago

Totally agree, B makes the most sense!

upvoted 0 times

...

Nickie

6 days ago

B is the correct answer.

upvoted 0 times

...

Shanda

11 days ago

I'm just glad this question isn't about "reasonable" vs "limited" assurance. Those make my head spin!

upvoted 0 times

...

Niesha

16 days ago

B) makes the most sense to me. A negative assurance is about what wasn't found, not what was found.

upvoted 0 times

...

Tamesha

21 days ago

I always get these "negative" and "positive" assurance questions mixed up. Maybe I should just ask the auditor to give me a "meh" assurance instead.

upvoted 0 times

...

Nan

26 days ago

C) sounds like it could be correct, but a negative assurance is more about what wasn't found, not limitations in the assessment.

upvoted 0 times

...

Caitlin

1 month ago

I definitely recall that negative assurance doesn't give a full guarantee, but I can't remember if that aligns with B or C.

upvoted 0 times

...

Stevie

1 month ago

I feel a bit confused here. I thought negative assurance was more about limitations, so maybe it's C?

upvoted 0 times

...

Chandra

1 month ago

I remember practicing a question like this, and I think negative assurance is about not finding evidence against the criteria, which sounds like B.

upvoted 0 times

...

Lavonda

2 months ago

Wait, I'm not sure about this. Is a negative assurance the same as a qualified opinion? I'm going to have to review my notes on audit opinions before I decide on the answer.

upvoted 0 times

...

Jonelle

2 months ago

I'm feeling pretty confident on this one. A negative assurance is the opposite of a positive assurance, so it's a statement that the assessment didn't observe any problems. B is the way to go.

upvoted 0 times

...

Wava

2 months ago

Okay, I've got this. A negative assurance opinion is a statement that the assessment didn't find any issues, so B is the correct answer. Gotta love those double negatives!

upvoted 0 times

...

Clare

2 months ago

I agree, B makes sense. No doubts means assurance.

upvoted 0 times

...

Tonja

2 months ago

I think it's option B. It feels right.

upvoted 0 times

...

Thurman

2 months ago

B) is the correct answer. A negative assurance opinion is a statement that no issues were found, not an affirmative statement.

upvoted 0 times

...

Jesus

3 months ago

I think a negative assurance opinion means we didn't find anything wrong, but I'm not sure if that's option B or C.

upvoted 0 times

...

Fabiola

3 months ago

Hmm, I'm a little confused on this one. I think C might be the right answer, since it talks about limitations in what can be concluded. I'll have to think this through a bit more.

upvoted 0 times

...

Ashton

3 months ago

I'm pretty sure this is a negative assurance opinion, so I'll go with B. It's a statement that the assessment didn't observe anything that makes us doubt the subject matter.

upvoted 0 times

Joaquin

3 months ago

I like B too. It’s clear and concise.

upvoted 0 times

...