Match seven of the terms (a-k) with the definitions provided below (1-7): a....
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Accounting
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 test of transactions.
d. Analytical procedures.
e. Transaction-related audit objectives.
f. Management assertions.
g. Balance-related audit objectives.
h. Irregularity
i. Illegal act
j. Error
k. Management fraud
__________1. An intentional misstatement of 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 and related accounts in the financial statements
__________4. Audit procedures designed to test for monetary errors and irregularities in the ending balances of balance sheet and income statement accounts
__________5. A set of nine audit objectives the auditor must meet, including detail tie- in, rights and obligations, and presentation and disclosure.
__________6. Audit procedures designed to test the effectiveness of control policies and procedures in support of a reduced assessed control risk
__________7. Use of comparisons and relationships to determine whether account balances or other data appear reasonable.
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