* The auditor wants to check the sale orders to ensure that the credit manager has...
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* The auditor wants to check the sale orders to ensure that the credit manager has signed the term sale requests. The sales orders subject to audit carry numbers from 10140 to 10440 and he wants to choose a sample of these orders, estimated at 30 sales orders. Required: Determine the eye extent - Determine the first three bills included in the sample if the auditor chooses from the in-kind range the random number 7 to start to choose the first bill - A 1Nomal 1No Spa Heading! Headny 2 Title ont Select- Paragraph taing Determine the sample size in sampling the characteristics when the risk is 5% Risks of assessing control toe low (risk of over accreditation) 5% Acceptable misrepresentation rates 6. 15 10 4. 14 29 32 42 49 59 74 99 149 236 157 22 46 51 58 66 78 93 117 117 157 0.25 46 51 58 66 78 93 0.50 22 46 51 58 51 78 93 117 208 0.75 46 46 27 58 66 78 93 156 22 51 31 58 66 1.25 78 103 103 93 124 156 192 22 46 66 150 The rate of 153 181 208 227 1.75 22 46 51 77 77 77 46 88 distortion 68 88 127 espected in 2.25 2.50 community 2.75 3. 22 61 68 127 the 150 109 129 148 112 22 68 77 109 22 19. 68 95 173 84 95 195 22 22 61 61 84 112 3.50 375 22 167 76 100 84 129 185 76 22 100 146 89 116 179 30 158 30 37 A eu Abe jearch 606 * The auditor wants to check the sale orders to ensure that the credit manager has signed the term sale requests. The sales orders subject to audit carry numbers from 10140 to 10440 and he wants to choose a sample of these orders, estimated at 30 sales orders. Required: Determine the eye extent - Determine the first three bills included in the sample if the auditor chooses from the in-kind range the random number 7 to start to choose the first bill - A 1Nomal 1No Spa Heading! Headny 2 Title ont Select- Paragraph taing Determine the sample size in sampling the characteristics when the risk is 5% Risks of assessing control toe low (risk of over accreditation) 5% Acceptable misrepresentation rates 6. 15 10 4. 14 29 32 42 49 59 74 99 149 236 157 22 46 51 58 66 78 93 117 117 157 0.25 46 51 58 66 78 93 0.50 22 46 51 58 51 78 93 117 208 0.75 46 46 27 58 66 78 93 156 22 51 31 58 66 1.25 78 103 103 93 124 156 192 22 46 66 150 The rate of 153 181 208 227 1.75 22 46 51 77 77 77 46 88 distortion 68 88 127 espected in 2.25 2.50 community 2.75 3. 22 61 68 127 the 150 109 129 148 112 22 68 77 109 22 19. 68 95 173 84 95 195 22 22 61 61 84 112 3.50 375 22 167 76 100 84 129 185 76 22 100 146 89 116 179 30 158 30 37 A eu Abe jearch 606
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Order Management distributes the credit according to how you set these percentages You can al... View the full answer
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Posted Date:
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