Wal-Mart Corporation is the largest retailer in the world, with sales in excess of $370 billion dollars in a recent year. Write the audit program for statistical sampling one of the following: If the topic has been chosen, please select another:

Internal control compliance-pick a topic:

1. Cash receipts
2. Cash disbursements
3. Accounts receivables
4. Accounts payables
5. Merchandise inventories
6. Payroll expense
7. Rent expense
8. Sales receipts
9. Returned items
10. Purchase order
11. Internal control compliance-pick a topic

Answer rating: 100% (QA)

Given the context lets develop an audit program for statistical sampling focusing on Accounts Payables This area is crucial since it impacts the companys cash flow and financial obligations to its sup... View the full answer