ASSURANCE Definition

ASSURANCE has been defined by the American Institute of Certified Public Accountants (AICPA) as "Independent Professional Services that improve information quality or its context". Such services are very broad and could include assessments of various industries, e.g., Internet security or quality of health facilities.

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WORK-OF-ART is a product of one of the fine arts; especially a painting or sculpture of artistic merit.

CUMULATIVE EARNINGS is the sum of all earnings over the time periods in question.

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