Required: Use the following terms concepts to identify the appropriate match to the definition descriptions below A. Unqualified opinion G. Control risk B. Qualified opinion H. Big bath techniques C Accounting cycle I Control reliant audits D. Cookiejar reserve technique J. Audit evidence E. Material weakness in internal control K. Roll-forward period F. Cut-off period (Hint: choose one answer, and no answers will be repeated) 1. Similar transactions linked by procedures and controls that affect related accounts are grouped together for analysis and audit purposes 2. Management over-accruing expenses incurrent period to set up a reserve that is reversed back into income in future periods. 3. Charging as many potential future costs in current bad year, therefore avoiding these costs in future periods 4. An audit that includes tests of controls and substantive procedures. 5. The risk that a misstatement, which could occur in an assertion about a class of transactions, account balance, or disclosure, and which could he material will not be prevented or detected and corrected on a timely manner by the organization's internal controls 6. A deficiency, or combination of deficiencies, in intermal control over financial reporting, such that there is a reasonable possibility that a material mistatement of the company's annual or interim reports will not be prevented or detected on a timely manner 7. The period between interim date and balance sheet date. 8. The opinion or report indicates that the financial statements have been prepared, in all material respects, in conformity with generally accepted accounting principles 9. All the information, whether obtained from audit procedures or other sources, that is used by the auditor in arriving at the conclusions on which the auditor's opinion is based 10. The opinion or report states that the financial statements contain a very material departures) from GAAP, and that the auditor cannot conclude on the fair presentation of the financial statements due to the significance of the very material departure or departures 11. Covers several days before and after client's balance sheet date TTTT Paragraph Arial + 3 (120) E. ET. T TT -- Click Save and Submit to save and submit. Click Save All Answers to see all answers Save As Answers CH 2:07