AUDIT+ASSURANCE SERVICES (LL) W/CONNECT
AUDIT+ASSURANCE SERVICES (LL) W/CONNECT
8th Edition
ISBN: 9781264979516
Author: LOUWERS
Publisher: MCG CUSTOM
Question
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Chapter F, Problem 1RC
To determine

Explain the term “attribute sampling” and state the stage of the audit where the attribute sampling is used.

Expert Solution & Answer
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Explanation of Solution

Attributes sampling: Attributes sampling helps the auditor to assess a specific rate of occurrence for a specific characteristic of the audit population. It is helpful in finding the estimate related to a particular transaction or activity in the system.

The attribute sampling is used in the “test of controls” for the purpose to identify the operating efficacy of internal control procedures and policies.

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Chapter F Solutions

AUDIT+ASSURANCE SERVICES (LL) W/CONNECT

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