Answers could be:

balance sheet

claims, litigation and assesment

disclosure checklist

factual (known)

human resources (HR or personel)

misstatements

paymaster

pro forma

qualified or adverse

representation letter

subsequent event

Statements Answer 1. Revenue and expense accounts are audited in conjunction with related accounts balance sheet 2. Material fluctuations revealed by analytical procedures should be investigated to determine whether they are indicative of material in the financial statements. misstatements 3. The department of the company should authorize changes in employee pay rates. When paper paychecks are issued, the company's of the company. should distribute them to the employees 4. 5. A is a list of all specific disclosures required by financial accounting standards. 6. The primary purpose of the is to have the client's principal officers acknowledge that they are primarily responsible for the fairness of the financial statements. 7. The auditors should obtain a letter from the client's attorneys describing 8 In estimating the total likely misstatement in the financial statements, the auditors should combine misstatements, projected misstatements, and judgmental misstatements. 9. If the auditors conclude that the total misstatement in the financial statements is material, they should request management to adjust the financial statements or issue a(n). opinion. 10. An event occurring after the date of the balance sheet, but prior to completion of the audit, is called a 11 Financial statements that give effect to a subsequent event as though the event had occurred at the balance sheet date are known as financial statements