AUDITING RMU
AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
Book Icon
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

Blurred answer
Students have asked these similar questions
1. Answer the following and cite references. • what is the whole overview of Green Markets (Regional or Sectoral Stock Markets)? • what is the green energy equities, green bonds, and green financing and how is this related in Green Markets (Regional or Sectoral Stock Markets)? Give a detailed explanation of each of them.
Could you help explain “How an exploratory case study could be goodness of work that is pleasing to the Lord?”
What are the case study types and could you help explain and make an applicable example.What are the 4 primary case study designs/structures (formats)?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Text book image
Auditing: A Risk Based-Approach to Conducting a Q...
Accounting
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:South-Western College Pub
Text book image
Essentials Of Business Analytics
Statistics
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Cengage Learning,