Audit Terms and Concepts. Each auditing term in Column One below bears a close relationship to a term in Column Two.

Required Identify the most closely related terms in Columns One and Two. Organize your answer in a two-column format by copying the numbers and terms in Column One as given. Rearrange the sequence of terms in Column Two so that each line of your schedule will contain two closely related terms.

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Column One 1 Operational audit. 2 Internal control. 3 Disclosure. 4 Major reason for existence of public accounting profession. 5 Audited financial statements. 6 Objectivity 7 Due professional care. 8 CPA. 9 Documentation 10 Substantive procedures. Column Two a. Due diligence. b. Evidence. c. No prejudice or bias. d. Measurement of effectiveness and efficiency of a unit of an organization. e. Basis for sampling and testing. f. CA. g. Attest function. h. Credibility. i. Material information. j. Completeness, accuracy and validity of data.