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Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is

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Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit program asks to select a sample of four items. 

Month Balance January 15,245 February 12,973 11,359 March April 9,326 May 6,380 June 4,558 July 2,901 2,837 August Septe


Required 

(a) Using systematic selection, determine which four months will be selected. 

(b) Using haphazard selection, determine which four months will be selected. 

(c) Using block selection, determine which four months will be selected.

Transcribed Image Text:

Month Balance January 15,245 February 12,973 11,359 March April 9,326 May 6,380 June 4,558 July 2,901 2,837 August September 3,690 October 5,890 November 9,823 December 14,906

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Auditing A Practical Approach

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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Question Details
Chapter # 6
Section: Professional Application Questions
Problem: 4
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Question Posted: April 05, 2019 11:53:48
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