Question: Oceanview Marine Company 14-7 Nonstatistical Attributes Sampling Data Sheet: Acquisitions December 31, 2018 Define the objective: Evaluation of internal controls and the accounting system for

Oceanview Marine Company 14-7 Nonstatistical Attributes Sampling Data Sheet: Acquisitions December 31, 2018 Define the objective: Evaluation of internal controls and the accounting system for acquisitions. Define the population precisely: Purchase transactions that occurred benreen Jan. 1, 2015 and Dec. 31, 2018, inclusive Define the sampling unit, organization of population items, and random selection procedures: Purchase transactions as identified by voucher numbers recorded sequentially in voucher register. Computer-generated random sample. Planning Actual Results Initial EPER TER ARO Sample Number Sample |Estimate sample Size Exceptio CUER Description of Attributes Size Exceptio D Rate Samplin 55 #DIV/O! #DIV/O! E Proper approval of purchase #DIV/O! 4 0. #DIVO! 3. Good's have been received #DIV/O! 4 0 #DIV/O! #DIV/O! 4 0 #DIV/O! #DIV/O! 4 0 #DIV/O! package have been stamped' #DIV/O! 4 0 #DIV/O! 7. Proper accounts were #DIV/O! 4. 0 #DIV/O! #DIV/O! 4 0 #DIV/O! Audit Objective for Tests of Controls and Substantive Tests of Transactions: Accuracy Existence Classification Posting & summarization Completeness Timing

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