Question: What is the difference between variables sampling and attribute sampling ? Why is attribute sampling usually appropriate for internal controls audits? Give an example of
- What is the difference between variables sampling and attribute sampling ?
- Why is attribute sampling usually appropriate for internal controls audits?
- Give an example of how attribute sampling can be used for an internal control audit.
- Why is variables sampling usually appropriate for substantive tests of financial statements accounts?
- Give an example of how variables sampling can be sued for substantive tests..
References:
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
