Examlex
If controls over production accounting are found to be strong,an auditor can plan to do less testing over ________.
Mitigate
To make less severe, serious, or painful; often used in the context of reducing risk or harm.
Defined Benefit Plan
A type of pension plan where the employer promises a specified pension payment upon retirement, based on an employee's earnings history, tenure of service, and age.
Defined Contribution Plan
A type of retirement plan where the amount contributed to the plan is specified, but the benefit received at retirement depends on the plan's investment performance.
Endowment Fund
A fund established by a foundation, institution, or individual, where the principal amount is kept intact while the investment income is available for use.
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