Question: Select the term for each closest definition ( or portion of a definition ) in the first column. Each term may be used only once
Select the term for each closest definition or portion of a definition in the first column. Each term may be used only once or not at all.
Note: Select NA if there is no term for the "Definition or Portion
A control that functions together with another control to achieve the same control objective A procedure in which an auditor follows a transaction from origination through the company's processes, including information systems, until it is reflected in the company's financial records A control established to remedy misstatements that are discovered by a detective control A deficiency in internal control that is less severe than a material weakness, but more severe than a significant deficiency A deficiency in internal control such that there is a reasonable possibility that a material misstatement will not be prevented or detected on a timely basis The sequence of procedures applied by the client in processing a particular type of recurring transaction.
Compensating control
Complementary control
Corrective control
Deficiency in internal control
Material weakness in internal control
NA
Transaction cycle
Walkthrough
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