Listed Below Are Ten Terms Followed by a List of Phrases

question 39

Multiple Choice

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Transfer of data from lower managers to top executives for accurate financial reporting.

• A)Monitoring
• B)Oversight board
• C)Control activities
• D)Corporate executive accountability
• E)Nonaudit services
• F)Control environment
• G)Internal control
• H)Information and communication
• I)Auditor rotation
• J)Risk assessment

---

Definitions:

High Rate

An elevated level or number in a given context, such as interest rates, inflation, or speed.

Second Shift

Refers to the work shift typically in the evening or at night, following the first or day shift; also refers to the phenomenon of individuals working a second round of duties, such as domestic chores, after their primary job.

Orders

Instructions or commands given by someone in authority.

Hiring

The process of finding, interviewing, and employing people for jobs.