This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When determining the sample size for the number of items the auditor should count during the ... (Read 55 times)

shanell

  • Full Member
  • ***
  • Posts: 136
on: Aug 21, 2022
When determining the sample size for the number of items the auditor should count during the physical inventory,
◦ it is easy to quantify the number of items based on a formula developed by the AICPA.
◦ one of the key determinants that must be considered is internal control over the physical count.
◦ one of the key determinants that must be considered is the cost involved.
◦ generally accepted auditing standards require that at least 80% of the dollar value of the inventory should be included in the sample.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shanell on Aug 21, 2022

RodrickHac

  • Full Member
  • ***
  • Posts: 174
    • anestencream.com
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


shanell

  • Member
  • Posts: 136
Reply 2 on: Aug 21, 2022
Wow, this really help

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Large male size and mating success. Large male size and mating success.
Chromosome number is halved Chromosome number is halved
Norman Bel Geddes, with Dr. Otto Koller, Air Liner Number 4. Norman Bel Geddes, with Dr. Otto Koller, Air Liner Number 4.
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
Sample prescriptions of antibiotics for dental infections. Sample prescriptions of antibiotics for dental infections.
Sample prescriptions of antibiotics for prophylaxis against infective endocarditis. Sample prescriptions of antibiotics for prophylaxis against infective endocarditis.
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library