Explain briefly the term systematic selection as used in auditing and indicate the precautions to be taken
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Systematic selection in auditing means drawing every nth item from th...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
Question Posted:
Students also viewed these Auditing questions
-
A random sample is obtained from a population with variance 2 = 625 and the sample mean is computed. Test the null hypothesis H0: = 100 versus the alternative hypothesis H1: > 100 with = 0.05....
-
A random sample is obtained from a normal population with a mean of = 95 and a standard deviation of = 40. The sample mean is = 86. a. Is this a representative sample mean or an extreme value for...
-
If a random sample of 18 homes south of Center Street in Provo has a mean selling price of $145,200 and a standard deviation of $4700, and a random sample of 18 homes north of Center Street has a...
-
Find steady state current i of a RL circuit with L=2 H and R=892 which can be modeled by the following differential equation: 2di/dt+8i=v(t) where v(t) = 16 cos(10t -45) with phasor technique. Also...
-
A ball is thrown upward at velocities and angles shown. From greatest to least, rank them by their a. Vertical components of velocity. b. Horizontal components of velocity. c. Accelerations when they...
-
Comment on the statement: Classes provide the containers and objects provide the contents.
-
Reconsider the regression models in Problem 12.6, parts a-e. Suppose the error terms in these models were multiplicative, not additive. Rework the problem under this new assumption regarding the...
-
In a recent annual report, Nike reported the following information (in millions): beginning total assets $6,821; ending total assets $7,891; beginning property, plant, and equipment $2,988 (at cost);...
-
The concentration of two medicines Prinivil and Zestril in the bloodstream x hours after being injected are: Prinivil: f(x) = xe* and Zestril: h(x) = xe x>0 When (if at all) does Prinivil disperse...
-
The iceberg effect in organizations is the underlying factors and circumstances which are not visible and have organizational implications due to strong undercurrents. When combined with cliquism, it...
-
Describe the difference between sampling risk and nonsampling risk.
-
Explain the meaning of sampling without replacement and sampling with replacement.
-
What happens when management does not provide a representations letter? How does it affect the audit?
-
All of the following have freedom of entry and exit except: a. gas station b. copy store c. cable television d. clothing store
-
A large number of buyers and sellers results in: a. a homogeneous product b. a fixed and constant price c. freedom of entry and exit d. perfect information
-
When the price of automobiles increases, Ford Motor Company will purchase: a. more glass, steel, and rubber b. less glass, steel, and rubber c. the same amount of glass, steel, and rubber d. cannot...
-
Use the result of Problem 5.20 (b) to calculate the difference, cP - cv, for liquid acetone at 20C and 1 bar. Data can be found in Table 4.4. Repeat for benzene and copper. How do the values you...
-
When the price of corn increases, feedlots will: a. purchase more corn b. purchase less corn c. purchase same corn amount d. cannot tell
-
For each of the following expressions, construct the corresponding logic circuit, using AND and OR gates and INVERTERs.
-
Consider the combustion of methanol below. If 64 grams of methanol reacts with 160 grams of oxygen, what is the CHANGE in volume at STP. 2CH3OH(g) + 3O2(g) 2CO2(g) + 4H2O(1) The volume decreases by...
-
Choose a professional blog of interest to you. Read a minimum of ten posts. Then, in one to two pages, respond to the following questions: A. What is the name and web address of the blog? B. What is...
-
How does the source of evidence affect its reliability?
-
How are the sufficiency and appropriateness of evidence related to detection risk?
-
How are the sufficiency and appropriateness of evidence related to detection risk?
-
a) Solve cos x = 2xy and cos xy = 2x to 5 decimal places with an initial guess of x0 = 0.5 and yo= 0.5 using proper method. (90 Point) ATTENTION: Please add a comment line to each line of code...
-
Write a program that will asks the user to input 15 students test score then store them in an array named "Score" your program should accomplish the followings: 1. Calculate and display the average....
-
4. What is clock synchronization? Synchronize the network given below when the server. advances 10 second using Berkeley algorithm. Server 2:35 2:00 2:20 1:55 Client 1 Client 2 Client 3
Study smarter with the SolutionInn App