Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
Question
Book Icon
Chapter 8, Problem 29RSCQ
To determine

Introduction : Audit evidence can be obtained and checked through sampling and data analytical tools. By using this auditor can check the accuracy of the evidence or underlying population.

To Describe: The use of sampling and data analytics tools for obtaining and evaluating audit evidence.

Blurred answer
Students have asked these similar questions
Kors manufacturing completes Job 214, which has a standard of 720 labor hours at a standard rate of $20.40 per hour. The job was completed in 790 hours, and the average actual labor rate was $22.10 per hour. What is the labor rate variance? A negative number indicates a favorable variance and a positive number indicates an unfavorable variance.
I need guidance with this general accounting problem using the right accounting principles.
Can you explain the correct approach to solve this general accounting question?
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,