You should describe how you executed your sampling plan, your interpretation of the findings, and your conclusions about the likelihood a material misstatement exists in Starblocks' inventory. If you found evidence consistent with a material misstatement, you should also provide informed conjecture about the kinds of erroneous or irregular behaviors that might be the underlying cause. You also should communicate to your audit manager any needed substantive testing or other steps at other inventory sites, if applicable, in light of your findings.

Answer rating: 100% (QA)

Sampling Plan Execution Findings and Conclusions Sampling Plan Method We likely used a stratified random sampling approach considering Starblocks has multiple inventory locations This method divides t... View the full answer