Question: What are the major differences in the 1 4 steps used in nonstatistical sampling for tests of details of balances versus the steps for tests
What are the major differences in the steps used in nonstatistical sampling for tests of details of balances versus the steps for tests of controls and substantive lests of transactions?
The steps in nonstatistical sampling for tests of details of balances and for tests of controls are aimost identical. The major dif
incerns dollar amounts. This results in differences
Because of these differences, tests of controls and substantive tests of transactions are designed to measure the In contrast, tests of details of balances are designed to measure the
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