Auditing & Assurance Services (Auditing and Assurance Services)
Auditing & Assurance Services (Auditing and Assurance Services)
7th Edition
ISBN: 9781259573286
Author: Timothy J Louwers, Allen Blay, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
Question
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Chapter E, Problem 1RC
To determine

Identify the stages of audit examination can sampling be used.

Expert Solution & Answer
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Explanation of Solution

Sampling: It is a procedure used by the auditor to analyze the predetermined number of observations which are taken from the large population.

It is used to scrutinize the population when the audit team needs to assess internal controls and the substantive procedures stages of the audit examination.

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