Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 8, Problem 8.23P
To determine

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 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 sampling involvement in each situation

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