Question: In what stage of the audit is variables sampling used
In what stage of the audit is variables sampling used?
Answer to relevant QuestionsDefine monetary unit sampling ( MUS). What is the unique feature of MUS?What is stratification? What are the benefits to the audit team of stratifying the sample?Identify and define the two major types of controls in an accounting information system.What are the major steps in audit team’s assessment of control risk in an IT environment?Controls used in the management of a computer center to minimize the possibility of using an incorrect file or program are a. Control totals. b. Record counts. c. Limit checks. d. External labels.
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