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Author Question: When defining the population and the sampling unit for tests of details of balances, (Read 93 times)

bvyeehaw

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on: Aug 21, 2022

Question 1

When analyzing misstatements, the auditor will determine
◦ the implications of the misstatements on other audit areas.
◦ the potential impact on the financial statements.
◦ the effect on company operations.
◦ All of these.

Question 2

When defining the population and the sampling unit for tests of details of balances,
◦ the population is defined as all of the transactions in the journal for the period.
◦ the sampling unit must be the same for all balance sheet accounts.
◦ if sampling for completeness, the sampling unit will be customers with zero balances.
◦ if sampling for completeness, the sampling unit will be the items making up the recorded population.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by bvyeehaw on Aug 21, 2022

LynellDool

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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.
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bvyeehaw

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Reply 2 on: Aug 21, 2022
Wow, this really help

Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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