Answer:

Bribes

Collusion

Components

Control Environment

Fidelity Bonds

General Controls

Incompatible Duties

Material Weaknesses

Significant deficiencies

User Auditors

Select the necessary words from the list of possibilities to complete the following statements. Answer Statements A form of insurance in which an insurance company agrees to reimburse an employer for losses attributable to employee theft is referred to as A client's __ factors include such things as management philosophy and operating style, and organizational structure. Auditors are required by professional standards to communicate_ _and material weaknesses to the audit committee. The auditors of a service organization, known as service auditors, may review the controls at the organization and issue a report that may be relied upon by No single employee in a company should have allowing the employee to both perpetrate and conceal errors or fraud in the normal course of performing his or her job