Identify each of the following items as being associated with

(a) an AICPA financial statement audit.

(b) a PCAOB integrated audit.

(c) both sets of audit standards.

_____ AS 5

_____ must means a mandatory responsibility

_____ operating effectiveness of ICFR must be tested

_____ significant risks must be identified even if ICFR is not tested

_____ 10 generally accepted auditing standards

_____ competent evidence

_____ appropriate evidence

_____ sufficient evidence

Match the following terms and descriptions.

(a) Making a judgment error does not necessarily indicate this as long as the auditor uses due professional care

(b) Presentation and disclosure

(c) Having an objective viewpoint and a questioning mind

(d) Would make a difference in the judgment of a decision maker

(e) ICFR effectiveness

(f) Competent

(g) ICFR across the entire organization

_____ management assertion

_____ appropriate

_____ design and operating

_____ negligence

_____ material

_____ entity level

_____ professional skepticism