Match the terms below (a-h) with the definitions provided below (1-8).
| a. | preliminary judgment about materiality |
| f. | performance materiality level |
________ 1. a measure of the risk that audit evidence for a segment will fail to detect misstatements exceeding the performance materiality amount, should such misstatements exist
________ 2. a measure of the auditor's assessment of the likelihood that misstatements exceeding a performance materiality in a segment will not be prevented or detected by the client's internal controls
________ 3. a measure of how much risk the auditor is willing to take that the financial statements may be materially misstated after the audit is completed and an unqualified audit opinion has been issued
________ 4. the materiality allocated to any given account balance
________ 5. the maximum amount by which the auditor believes that the statements could be misstated and still not affect the decisions of reasonable users
________ 6. This term is synonymous with acceptable audit risk.
________ 7. the magnitude of an omission or misstatement of accounting information that makes it probable that the judgment of a reasonable person would have been changed
________ 8. a measure of the auditor's assessment of the likelihood that there are material misstatements before considering the effectiveness of internal control
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