Match Five of the Terms (A- I) with the Definitions

question 113

Short Answer

Match five of the terms (a- i) with the definitions provided below (1- 5):
a. Audit programs
b. Audit procedures
c. Analytical procedures
d. Budgets
e. Reliability of evidence
f. Persuasiveness of evidence
g. Sufficiency of evidence
1. Use of comparisons and relationships to assess the reasonableness of account balances.
2. Detailed instructions for the collection of a type of audit evidence.
3. Written records of the client's expectations for the period.
4. List of audit procedures for the collection of evidence.
5. The degree to which the auditor is convinced that the evidence supports the audit opinion.

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Definitions:

Reserves

Deposits that banks have received but have not loaned out.

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specified period.

Spending Multiplier

The ratio of the change in total output to the initial change in spending that brought it about.

Marginal Propensity

The proportion of an additional income that an individual or population spends on consuming rather than saving.