Auditing & Assurance Services
6th Edition
ISBN: 9780077862343
Author: LOUWERS, Timothy J.
Publisher: Mcgraw-hill Education,
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Question
Chapter G, Problem 82EP
a.
To determine
Identify whether Person C can use non-statistical sampling in the examination of Company V accounts receivable, under generally accepted auditing standards.
b.
To determine
State the advantages of using statistical sampling in the audit
c.
To determine
Identify the risks related with sampling, and state the type of losses exposed to Person C.
d.
To determine
State the manner in which Person C establishes the appropriate level of the risk of incorrect acceptance.
e.
To determine
State whether Person C is permitted to specify the certain items examined, or whether all items must be randomly selected.
f.
To determine
State the manner in which Person C can increase the likelihood that the items in the sample are representative of the population.
g.
To determine
State whether any other factors are important for Person C to consider with respect to the misstatements.
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Chapter G Solutions
Auditing & Assurance Services
Ch. G - Prob. 1RCCh. G - Prob. 2RCCh. G - Prob. 3RCCh. G - Prob. 4RCCh. G - Prob. 5RCCh. G - Prob. 6RCCh. G - Prob. 7RCCh. G - Prob. 8RCCh. G - Prob. 9RCCh. G - Prob. 10RC
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