Biology Forums - Study Force

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

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