Question: Questions 1. Explain in details the steps on audit process. 2 Explain related accounts and functions within the sales and collection cycle. Distinguish between statistical

 Questions 1. Explain in details the steps on audit process. 2

Questions 1. Explain in details the steps on audit process. 2 Explain related accounts and functions within the sales and collection cycle. Distinguish between statistical and nonstatistical sampling and between probabilistic and nonprobabilistic sample selection. Moreover, explain the steps to get the repreentative sampling 4 Explain the account receivable balance related audit objectives. 5 Explain the steps of analytical procedures test for the payrol and personal cycle Explain the steps of analytical procedures test for the acquisition and payment cycle -GOOD LUCK

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