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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 8
An auditor is performing substantive procedures of pricing and extensions of perpetual inventory balances consisting of a large number of items. Past experience indicates that there may be numerous pricing and extension errors. Which of the following statistical sampling approaches is most appropriate?
A) Classical variables sampling.
B) Monetary-unit sampling.
C) Stop-n-go sampling.
D) Attribute sampling.
A) Classical variables sampling.
B) Monetary-unit sampling.
C) Stop-n-go sampling.
D) Attribute sampling.
Explanation
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The technique of evaluating the adequacy...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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