21. A comfort letter is a letter to shareholders regarding compliance with the Securities Act of 1933. 22. Personal financial statements include an Income Statement and Balance Sheet. 23. To verify the account,"Appropriation of Retained Earnings For Plant Expansion", an auditor would ask the company CFO to verify the appropriation. 24. An organization that manages the legal records which include the names of the shareholders of a company is the specialist on the stock exchange. 25. The transactions involving purchase orders being received by other companies should be reconciled by comparing the accounts payable ledger with the sales journal. 26. The issuance of long-term debt is authorized by the bond holders. 27. Using Figure 9.4 with a risk of assessing control risk too low, assume that auditors. expect the deviation rate in the population to be 1%, and a 7% tolerable deviation rate to justify