In practice, there are several audit sampling techniques that are associated with either the non-statistical or statistical sampling approaches. Clarify which is and briefly explain the differences between statistical and non-statistical sampling approach.
In practice, there are several audit sampling techniques that are associated with either the non-statistical or statistical sampling approaches. Clarify which is and briefly explain the differences between statistical and non-statistical sampling approach.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Nazril is a new audit trainee at Faezi & Co. In assisting the audit seniors to undertake the audit work, the audit seniors always advise her to properly maintain all the working papers. From there on, whenever she does any audit work, she will make sure all information is properly documented and properly kept in a proper file.
In practice, there are several audit sampling techniques that are associated with either the non-statistical or statistical sampling approaches. Clarify which is and briefly explain the differences between statistical and non-statistical sampling approach.
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