Q2

Q5

ot usitractor Match the following terms with thesr definifions (Use each defintion onity once.) i) (Consider the lolowing definitions) a. Two or more people working together to overcome internal controls. b. Part of internal control that ensures resources are not wasted c. Requires companies to review internal control and take responsibilty for the accuracy and completeness of their financial reports d. Should be prenumbered to prevent theff and inefficiency. e. Limits access to a local network f. Example: The person who opens the bank statement should not also be the person who is reconciling cash. g. Identification of uncertainties that may anse due to a company's products, services or operations. h. Examination of a company's financial statements and accounting system by a trained accounting professional: i. Without a sufficient one of these, information cannot properly be gathered and summanized The organizational plan and all related measures that safeguard assets, encourage employees to follow company policies, promote 1. operational efficiency, and ensure accurate and reliable accounting data k. Component of intemal control that helps ensure business goals are acheved I. Reartanges data by a mathematical process m. To establish an effective one, a companys CEO and top managers must behave honorably to set a good example for employees