Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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Chapter 8, Problem 30RQSC
To determine

Introduction: Sample size is the basic unit of audit to collect the samples from population. Sampling interval is the ratio of the population to the sample size.

Requirement 1 To calculate : Sample size and sampling interval.

To determine

Introduction: Total estimated misstatement is defined as the balance account free from the error and input and output both are in balanced condition.

Requirement 2 To calculate : The total misstatement of audit considers given book value and audit value.

To determine

Introduction:Total estimated misstatement is the balance form of the account. Its value should be below the tolerable limit of misstatement.

Requirement 3

To evaluate: Conclusion of the audit based on the results.

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Auditing: A Risk Based-Approach (MindTap Course List)

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