Question: Question 5 [6 marks) Jill works for an auditing rm that is auditing AHD Ltd. Jill selected a random sample of payroll transactions for December

Question 5 [6 marks) Jill works for an auditing rm that is auditing AHD Ltd. Jill selected a random sample of payroll transactions for December 2013 and January 2014 and traced each sample item back to the personnel records to verity that the employee being paid was a legitimate employee 01 the client. Based on his review of the sample items. Jill concluded that the controls for that assertion could be relied on in the audit. Required a. Identify the population in this case. (2 marks} b. Briey explain sampling error and give an example of how James' conclusion could be incorrect due to sampling error. (2 marks) c. Briefly explain nonsampling error and give an example 01 how James' conclusion could be incorrect due to nonsampling error. (2 marks}
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