Multiple Choice
Assume that the client's internal controls require a clerk to attach a shipping document to every duplicate sales invoice but this procedure is not followed exactly 3 percent of the time.If the auditor selects a sample of 200 duplicate sales invoices,which of the following sample results is most representative of the population?
A) three shipping documents are missing
B) six shipping documents are missing
C) five shipping document are missing
D) there were no shipping documents missing
Correct Answer:
Verified
Correct Answer:
Verified
Q5: The tolerable exception rate (TER)has a significant
Q6: Which of the following statements is a
Q7: As part of the audit of sales,the
Q8: When does the auditor use simple random
Q9: In statistical terms,acceptable risk of assessing control
Q11: An increase in the sample size has
Q12: When errors are found,a common and standard
Q13: You are working on the testing of
Q14: When the auditor would like to improve
Q15: The auditor is going to select a