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Match Seven of the Terms (A-K)with the Definitions Provided Below

question 47

Short Answer

Match seven of the terms (a-k)with the definitions provided below (1-7):
a.Tests of details of balances
b.Tests of controls
c.Substantive tests of transactions
d.Analytical procedures
e.Transaction-related audit objectives
f.Management assertions
g.Balance-related audit objectives
h.Fraud
i.Illegal act
j.Error
k.Management fraud
________ 1.An intentional misstatement of the financial statements.
________ 2.A set of six audit objectives the auditor must meet,including timing,posting and summarization,and accuracy.
________ 3.Implied or expressed representations made by the client about classes of transactions,account balances and disclosures in the financial statements.
________ 4.Audit procedures testing for monetary misstatements to determine whether the balance-related audit objectives have been satisfied for each significant account balance.
________ 5.A set of nine audit objectives the auditor must meet,including completeness,detail tie-in,and rights and obligations.
________ 6.Audit procedures designed to test the effectiveness of control policies and procedures.
________ 7.Use of comparisons and relationships to assess whether account balances or other data appears reasonable.


Definitions:

Genuine Affection

Sincere and heartfelt feelings of fondness or love towards another individual, unfeigned and without ulterior motives.

Violent Criminals

Individuals who commit crimes involving force or the threat of force against others.

Vaccinations

The process of administering a vaccine to stimulate an individual's immune system against infection by specific pathogens.

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted and repetitive behavior.

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