In relation to audit sampling, explain briefly what is meant by: (i) Sampling risk (and levels of

Question:

In relation to audit sampling, explain briefly what is meant by:

(i) Sampling risk (and levels of assurance).

(ii) Stratification.

(iii) Precision limits.

(iv) Tolerable error.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

Question Posted: