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Matching: Presented below is a list of terms relating to accounting infon definitions of those terms. erms relating to accounting information systems, followed by Required:

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Matching: Presented below is a list of terms relating to accounting infon definitions of those terms. erms relating to accounting information systems, followed by Required: Match the letter next to each definition with the appropriate term used only once. h the appropriate term. Each answer will be 1. FCPA 2. Audit committee 3. Collusion 4. Reducing Risk 5. Internal auditing 6. Control environment 7. Sharing Risk 8. Inherent Risk 9. Residual Risk 10. Accepting Risk nsactions to significant control problems in the A. Has responsibility for reviewing the reports of the company's external auditors B. Example: As a result of an internal risk assessment. Berryhill Insurance decided it was longer profitable to provide flood insurance in the southern states without a general rat C. The susceptibility of a set of accounts or transactions to significant control probl absence of internal control D. A law which requires publicly held companies to maintain adequate accounting systems E. One of the main components of internal control F. Agreement or conspiracy among two or more people to commit fraud G. The risk that remains after management implements internal controls or some other response to risk H. Example: Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's operation. Management decided to install anti-virus software and to build a firewall for its operating system. I. Example: Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's operation. Despite the concem. management did not think that the risk was high enough to justify the purchase of an anti-virus software. J. An example of the monitoring component

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