Many Audit Clients Build in _______ Controls So If One

question 129

Short Answer

Many audit clients build in _______ controls so if one control does not find a misstatement, another control is designed to surface the problem.

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Definitions:

Codicil

An amendment or supplement to a will, used to make changes or add provisions without revoking the entire will.

Executor or Executrix

Refers to a person appointed by a will to execute the deceased's estate, with executrix being the feminine form.

Died Intestate

Refers to a person who has passed away without having made a legally valid will.