Question: Data relative to three sampling plans are presented below: Required: Calculate sample size in each of the plans. Show computations. Materiality Size of population Desired
Data relative to three sampling plans are presented below:
Required:
Calculate sample size in each of the plans. Show computations.
Materiality Size of population Desired reliability Estimated population standard deviation Internal control effectiveness Supplemental audit procedures effectiveness. Desired combined reliability 1 2 3 100,000 120,000 150,000 5,000 6,000 8,000 95 90 95 75 100 120 75 80 60 0 10 20 95 95 95
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
