1 . What factors should be considered when determining the sample size for tests of details - in this instance the accounts receivable balance?" You select 30 accounts receivable customer balances based on the sample size that has been determined in accordance with your Firm's sampling tables . Using the appropriate* sampling method . determine the customer balances to be selected . 2. What factors should be considered when determining the sampling method le.E. random , monetary unit sample )?" 3. Using the facts in this case study . give examples of sampling methods and their relevant characteristics and determine the most appropriate statistical sampling method to use . You send a total of 3 1 confirmations : 30 confirmations as determined by the sampling* table and I that was judgmentally selected because it was greater than performance* materiality . A selection of the confirmation results for Fuel Pro is shown below . Amount Confirmation Recorded Confirmed by Evaluation of Number Customer Name Balance* Customer" Results Representative $5. 000 Confirmation Corporation reply not received from customer* 2 Illustration [ [ C ! $8.000 $8.000 Selection $10.000 $9.800 Partnership 4 Specimen Inc . (a| $2.000. 000 $2.000.000 related party* ) 4 . On the basis of the accounts receivable confirmation results received ( as presented above ) . what are the conclusions for each of the sample items selected? 5. Should any errors be extrapolated over the Entire population given that the only* identified Error relates to Confirmation ]