Question: Audit sampling Question 5 - Audit Sampling You have conducted the audit on Accounts Receivable for Skillipo Led. You are now evaluating the results of
Audit sampling

Question 5 - Audit Sampling You have conducted the audit on Accounts Receivable for Skillipo Led. You are now evaluating the results of a non-statistical sample of 85 accounts receivable confirmation. Information on the sample and population are inc uded below, An overstatement or understatement of more than $250,000 is considered material. No. OF Recorded Accounts Value Sample 17.598 Population 8.058.935 The confirmation responses were received with the only exes tions is follows: Account Recorded Confirmation Misstatement? No Value Response Auditor Follow-an 125 $ 29.296 $ 25,759 Customer was charged the wron $19.290 shipment recorded on 247 $194.912 5175,621 goods were ous stoped eating lemar Customer sent 54.gow payment 65.654 Decert anderedar $30,852 515.628 Required
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