Phrases Asking for Clarification

If I understand correctly...

B2

Meaning

Checking for comprehension.

Example sentences

John: So, we're aiming for a 10% increase in sales this quarter.

Alice: If I understand correctly, that's a 10% increase compared to last quarter's figures.

John: Precisely. If I understand correctly... you're ready to begin the promotional campaign?

Alice: Yes, I've reviewed all the necessary materials. I think we're ready to go.