reasonable assurance definition

reasonable assurance

Acknowledgment that it is not possible to assert absolutely and certainly that an event will (or will not) occur.

Qualification that while a standard conforms to known limits, it is not excessive in any way.

reasonable assurance is in the Entrepreneurship, Management, & Leadership, Planning & Scheduling and Quality Control & Management subjects.

reasonable assurance appears in the definitions of the following terms: control procedure and enterprise risk management (ERM)

This content can be found on the following page:

http://www.businessdictionary.com/definition/reasonable-assurance.html