Question: Jamie Winebottle, an auditor, has decided to use systematic selection of payments when testing the control that payments are supported by a supplier's invoice, a
Jamie Winebottle, an auditor, has decided to use systematic selection of payments when testing the control that payments are supported by a supplier's invoice, a purchase requisition and a goods received note. Each payment comprises a sampling unit. There are 5000 payments made (numbered 1-5000) and the total amount of payments is $10 million. The sample size is 20 and the random start is 127. Given this information, the sample interval is:
Select one:
a.214
b.Some other amount
c.250
d.500 000.
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