a.
Concept Introduction:
Audit samplingis the method of selecting few items to check from the entire population under examination. Auditors apply sampling method while performing their
To explain: The auditor’s justification for accepting the uncertainties that are inherent in the sampling process.
b.
Concept Introduction:
Audit sampling: sampling is the method of selecting few items to check from the entire population under examination. Auditors apply sampling method while performing their audit procedures. Sampling can be statistical or non statistical. When the auditor is performed test of control and substantive tests they used the statistical sampling technique that test the items less than 100% in the population with some characteristics and give the appropriate sampling risk.
To discuss: The uncertainties that express the concept of audit risk.
c.
Concept Introduction:
Audit sampling: sampling is the method of selecting few items to check from the entire population under examination. Auditors apply sampling method while performing their audit procedures. Sampling can be statistical or non statistical. When the auditor is performed test of control and substantive tests they used the statistical sampling technique that test the items less than 100% in the population with some characteristics and give the appropriate sampling risk.
To discuss: The nature of sampling risk and non-sampling risk include the effect of sampling risk on test of control
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Chapter 8 Solutions
AUDITING+ASSURANCE SERVICES (LL)
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Auditing: A Risk Based-Approach (MindTap Course L...AccountingISBN:9781337619455Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:Cengage Learning