Question: Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit

Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit program asks to select a sample of four items.

Month	Balance	Month	Balance
January	$15,245	July	$2,901
February	12,973	August	2,837
March	11,359	September	3,690
April	9,326	October	5,890
May	6,380	November	9,823
June	4,558	December	14,906

Which of the following months could be chosen if the auditor was using systematic selection or block selection? (Several choices may be correct.)

Systematic selection: May, June, July, August; Block selection: May, August, November, February

Systematic selection: January, March, September, October; Block selection: January, February, October, November

Systematic selection: May, August, November, February, August; Block selection: May, June, July, August

Systematic selection: May, June, November, December; Block selection: February, March, April, May

Systematic selection: March, June, September, December; Block selection: March, April, May, June

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit program asks to select a sample of four items. Month...

Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit program asks to select a sample of four items....

2 Answer??????? Rahim, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. The audit program asks to select a sample of...

Case Study 2: Sampling Part (a) Match the numbered situations below with one of the following types of audit sampling or sampling risk: Statistical sampling, non-statistical sampling. Sampling risk,...

Part (a) Match the numbered situations below with one of the following types of audit sampling or sampling risk: Statistical sampling, Non-statistical sampling. Sampling risk, Non-sampling risk: 1....

Part (a) Match the numbered situations below with one of the following types of audit sampling or sampling risk: Statistical sampling, Non-statistical sampling. Sampling risk, Non-sampling risk:...

Please help with Audit case Karina, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. Month Balance Month Balance...

Karina, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail. Month Balance Month Balance January $15,245 July $ 2,901...

Help! Didn't do so well the first attempt. I have until midnight on Friday to try again. Quiz Note: It is recommended that you save your response as you complete each question. Question 1 (2 points)...

Help on these questions: I looked them up but some other answers where uploaded but not for these questions, another person requested the same answer please help us thank you.... Chose the Correct...

What is meant by creating a workaround for a software package? What are the disadvantages of workarounds (if any)?

Which of the following beakers best represents a container of a weak acid, HA, in water? (Water molecules have been omitted for clarity.) ,- = A- = HA A

You have been sent an Excel file by a colleague and you are reviewing the formulas that have been added to the worksheet. One of the cells contains the following formula: = SUM ( A 2 :A 2 0 ) /...

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...