Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client. To state: That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Question

Want to see the full answer?

Answer 1

Question

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Need help with this general accounting question please answer

Need help with this accounting questions

The stockholder's equity of coastal industriea balance is as follows: please answer the general accounting question

Answer 2

Question

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Answer 6

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Answer 7

Chapter 8, Problem 2CYBK

To determine

Introduction: Attribute sampling refers to the statistical method where a given population is examined for its characteristics and it confirms the auditor about the level of prevailing Internal Controls of the Client.

To state:That Auditor can use the sampling method to test either the effectiveness of the controls or the direct testing of the Accounting balances and the conclusions based on that.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 8 - Prob. 1CYBK Ch. 8 - Prob. 2CYBK Ch. 8 - Prob. 3CYBK Ch. 8 - Prob. 4CYBK Ch. 8 - Prob. 5CYBK Ch. 8 - Prob. 6CYBK Ch. 8 - Prob. 7CYBK Ch. 8 - Prob. 8CYBK Ch. 8 - Prob. 9CYBK Ch. 8 - Prob. 10CYBK

Solution Summary: The author explains attribute sampling as a statistical method to confirm the level of prevailing Internal Controls of the Client. Basic Audit procedures such as Inquiry,Observation, Inspection and Re-computation of statements are executed by the

Want to see the full answer?

Chapter 8 Solutions