Assurance

Assurance, in general knowledge, refers to a guarantee or a sense of confidence that something will happen or is reliable. It is often used in contexts like finance, auditing, and quality control to indicate a level of certainty about processes, outputs, or information. When an entity provides assurance, it means they have evaluated and verified that certain standards are met, reducing the risk of errors or issues. Essentially, assurance gives individuals and organizations the confidence that they can trust the information or services provided to them.