Question: Sam Ple, auditor, has decided to rely on an audit client's debtors. Sam Ple plans to use sampling to obtain substantive evidence concerning the

Sam Ple, auditor, has decided to rely on an audit client's debtors.

 


Sam Ple, auditor, has decided to rely on an audit client's debtors. Sam Ple plans to use sampling to obtain substantive evidence concerning the reasonableness of the client's debtors/accounts receivable balances. Required: Identify and analyse the steps that Sam Ple should include in the outline of the sampling plan providing examples and illustrations? (20 Marks)

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Step 1 Define the Population The first step of the sampling plan would be to define the population This includes identifying the accounts receivable p... View full answer

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