– Identify 4 of the 6 tests an auditor uses on the bank reco

– Identify 4 of the 6 tests an auditor uses on the bank reconciliation? (1 Mark). 2- What is the difference between a contingent liability and a commitment? (1 Mark). 3- For each of the following situations, indicate what type of audit report is most appropriate: a. The auditor lacks independence in fact, but not necessarily in appearance. b. There is a scope limitation and it is material but the overall financial statements are still presented fairly. c. The uncorrected misstatements are immaterial. d. There is a departure from GAAP and it is pervasively material. (2 Marks). 4- Distinguish between the following theories of ethical behavior: a rights-based approach, and a justice-based approach.