Exam 16: Interpreting Sample-Based Audit Evidence

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You have been assigned the job of obtaining a random sample of purchase orders from the purchase orders included in the purchases journal along with the related supporting documents. The invoices should be selected using a random sample from the sequence of purchase orders for the year. Describe the steps for examining the purchase orders.

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What is the overall goal of sample selection?

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Describe the sampling techniques most likely to result in a representative sample.

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