You have been assigned to the audit of Badger Company. The company was previously audited by another CPA firm. The audit team is considering the audit implications of basic internal control considerations. For each item below, click the associated cell and select from the list provided the most closely corresponding term. A selection may be used once, more than once, or not at all. iii 1. A deficiency (or combination of deficiencies) in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. 2. Audit procedures that must be performed when evaluating the operating effectiveness of internal control. 3. Errors may occur due to misunderstandings, carelessness, or fatigue. iii) 4. Control performed by person who lacks the necessary authority or competence to perform the control effectively. 5. Documentation of the auditor's understanding of an entity's internal controls for major transaction cycles by a symbolic representation of the systems. Select an option below Control risk Flowcharts n m Deficiency in operation Tests of control Inherent limitations n Deficiency in design Significant deficiencies h Material weaknesses RESET CANCEL ACCEPT carelessness or Tatiane