Chapter 8, Problem 59RSCQ

A

To determine

Introduction: Sample size is the basic unit of the audit to collect the data and sampling interval is the ratio of the population to the sample size.

Requirement 1

To calculate : The sample size and sampling interval.

B

To determine

Introduction: Misstatement is an error part in the transaction area.

Requirement 2

Analyze each difference detection, if there is misstatement or not.

C

To determine

Introduction: Misstatement is defined as the difference between presentation, final amount and classification. The total estimated misstatement is the balance of the account.

Requirement 3

To calculate : Total estimated misstatement of the audit.

D

To determine

Introduction:Misstatement is defined as the difference between presentation, final amount and classification. The total estimated misstatement is the balance of the account.

Requirement 4

Discuss the nature of the auditing procedures.