Required Information

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Processes, Significant Accounts, and Transaction Types

Each major type of transaction $($nonroutine$,$ routine, estimate$)$ exists for each major process $($cash recelpts, disbursements,

etc.$).$ Auditors need to understand why each type of transaction Is used for each major process within the internal control

structure to effectlvely plan their audit.

When evaluating each significant account and major process of the Internal control system, It Is important that the auditor

understand the type of transaction that relates to each process.

Click and drag each accounting process listed to its correct type of transaction.

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