For each description, match the term or terms that relates to the description. Each term may be used once, more than once, or not at all.

Transcribed Image Text:

Description 1. Sufficient competent evidential matter is to be obtained through inspection, observation, inquiries, and confirmations to afford a reasonable basis for an opinion regarding the financial statements under audit. 2. Auditors obtain acknowledgments in writing directly from third parties of transactions, bal- ances, and other information. 3. Auditors combine and decompose amounts in meaningful ways to allow application of audit judgment. 4. Auditors relate two or more transactions or balances. 5. Assertion that may be made regarding an account. 6. Measures the rate at which a dependent variable changes in relation to an independent variable. Term a. Confirmations: b. Analysis c. Regression analysis d. Third standard of fieldwork e. Audit procedure f. Existence or occurrence