A schedule set up to combine similar general ledger accounts, the total of which appears on the working trial balance as a single amount, is referred to as a: A) Corroborating schedule. B) Reconciling schedule. C) Supporting schedule. D) Lead schedule. The auditors must obtain written client representations that normally should be signed by: A) The chief executive officer and the chief financial officer. B) The treasurer and the internal auditor. C) The corporate counsel and the audit committee chairperson. D) The president and the chairperson of the board. Which of the following ultimately determines the specific audit procedures necessary to provide independent auditors with a reasonable basis for the expression of an opinion? A) The auditors' judgment. B) Generally accepted accounting quality standards. C) The audit time budget. D) The auditors' working papers. Failure to detect material dollar errors in the financial statements is a risk which the auditors primarily mitigate by: A) Obtaining a client representation letter. B) Performing substantive procedures. C) Assessing control risk. D) Performing tests of controls. An independent auditor finds that the Simmer Corporation occupies office space, at no charge, in an office building owned by a shareholder. This finding indicates the existence of: A) Related party transactions. B) Window dressing. C) Weak internal control. D) Management fraud