Auditors are sampling (statistically) purchase invoices to ensure that all are checked against goods inwards notes. Such
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Auditors are sampling (statistically) purchase invoices to ensure that all are checked against goods inwards notes. Such checks are evidenced by the signature of a member of staff in a grid. Given the population size (25,000), the sample size (500) and those 24 items carried no signature, what should the auditors do? What conclusions can be drawn?
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When auditors conduct a sampling process and find that out of the 500 sampled items 24 items do not have the required signature they must perform furt...View the full answer
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