Acronyms & Abbreviations
TWIA
What is Texas Water Development Board?
The term for the intentional misstatement or omission of information in financial reporting is called this.
What is fraud?
Texans celebrate this on March 2.
What is Texas Independence?
TDEM
What is Texas Division of Emergency Management?
Risk present before any controls are in place is called this.
What is inherent risk?
This oil field gusher is credited with launching Texas' oil boom in 1901.
What is Spindletop?
QPR
What is Quarterly Progress Report?
These are the 5 Cs of a finding.
What are condition, criteria, cause, consequence, and corrective action?
This major event led Texas to secede from the Union in 1861.
What is the election of Abraham Lincoln?
CAPPS
What is Centralized Accounting and Payroll/Personnel System?
This principle requires auditors to remain unbiased and objective.
What is independence?
These are the six flags of Texas.
What are the Kingdom of France, the Kingdom of Spain, the Mexican Federal Republic, the Republic of Texas, the Confederate States of America, and the United States of America?
DRRP
What is Disaster Recovery Reallocation Program?
Risks that remain after controls are applied are called this.
What are residual risks?
This town was renamed Austin in 1839.
What is Waterloo?