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Select each of the following terms with the appropriate attributes. No reply is used more than once. Creates a reasonable possibility a material misstatement will

Select each of the following terms with the appropriate attributes. No reply is used more than once.image text in transcribed

Creates a reasonable possibility a material misstatement will not be detected.

Follow a transaction through the system.

GAAS

Inquire, inspect, observe, reperform

Inquiries, analytical procedures, observation

Likelihood auditor's procedures will not detect a material misstatement

Merits attention, less than a material weakness

Relevant assertions

Reporting on internal control and financial statements

Risk tolerance of a financial statement user

Tests of controls and planning

User auditor

5.Material weakness 6.|Risk assessment procedures 7. Significant deficiency 8.Suitable criteria 9. Tests of controls GAAP 10. Walk-through

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