Question: AttributesTerm 1 . Likelihood a misstatement will not be prevented or detected 2 . Substantive procedures and tests of controls 3 . Likelihood of misstatement

AttributesTerm1. Likelihood a misstatement will not be prevented or detected2. Substantive procedures and tests of controls3. Likelihood of misstatement assuming no controls4. Reporting on internal control and financial statements5. Creates a reasonable possibility a material misstatement will not be detected6. Inquiries, analytical procedures, observation7. Merits attention, less than a material weakness8. GAAP9. Inquire, inspect, observe, reperform10. Follow a transaction through the system

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