Problem

Match the following terms and definitions. a.segregation of duties____ 1.An example...

Match the following terms and definitions.

a.

segregation of duties

____ 1.

An example would be controls over purchasing activities

b.

independent reconciliation of assets and accounting records

____2.

Controls to ensure appropriate information processing, authorization, and data integrity

c.

physical controls

____ 3.

Reports your auditor may need from the service organization to complete your audit

d.

information technology (IT) controls

____ 4.

Divides authorization, recording, and asset custody among different individuals

e.

ongoing monitoring

____ 5.

An example would be assessing internal controls with an internal audit

f.

separate evaluations

____ 6.

Control activities such as bank reconciliations and inventory counts

g.

Service Organization Control

____ 7.

Controls to provide for physical security of assets

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