Question: In this mini - case you will statistically evaluabe the tests of controls on accounts payable for the 2 0 2 2 audit of EartWear
In this minicase you will statistically evaluabe the tests of controls on accounts payable for the audit of EartWear Ciothierk. Incorporated.
INSTRUCTIONS:
Please downiond the fine below to complete the audt tasks associabed with this minicase. The Excel workbook contains the instructions and workpapers you are to complete.
Re ChB Mini case TertingPant
Input your responses from Work Paper into the corresponding questions in Connect.
Compute Sample Stre
The list below indicates the conbrol activities tested using voucher pockets in Part A Part A was a Chapter assignment, but you can complete this assignment even if you did not complete Part Ay Use the information provided below to calculate the sample sise using IDEA. Please refer to Chapter of the bextbook for instructions on how to use IDEA to calculabe sample sijes. When dilferent sample slres are compofied for control activities that wil be fested concurrently, it is common to use the largent simple size computed for terting all controd activities iSee Chapter is for a more detalled descriptiond.
Work Paper
tableDescription of Control Activities,Desired Confidence level.,Papulation,Tolerable seviation Rate bExpected Fopulation Deviatian Rate Sanple Size Docusent packet includes all socuments appropriate for the transaction., The Purchase Requisition is signed by a supervisar., The Purchase rder is signed by an authorized purchasing apent.,table Quantities on vendor"s Levoice apree with related receiving report and purchase order, and invoice is mathenatically correct. documents in voucher packet
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