09. 49. st step in the process to assist the CPA in making an ethical judgme A identify threats to compliance with rules B. evaluate the significance of the threat C. identify and apply safeguards D. evaluate the effectiveness of the safeguards The last step in the process to assist the CPA in making an ethical judgment is A document the threats and safeguards B. evaluate the significance of the threat C. identify and apply safeguards D. evaluate the effectiveness of the safeguards 51. What do you call a statement or representation, explicit or implied, made by management regarding the recognition, measurement, presentation, and disclosure of items included in the financial statements and notes? A. assertion B. inspection C. tracing D. vouching 52 Auditors who are searching for evidence that assets, liabilities, and equity items have been recorded at appropriate amounts and allocated to the correct general ledger accounts consider A. existence B. classification C. valuation and allocation D. rights and obligations