AUDITING & ASSURANCE SERVICES | A Systematic Approach

by William F.Messier, Steven M.Glover, Douglas F. Prawitt
Edition: 10th Edition
ISBN13: 978-0-07-773250-9
ISBN10:
495

Management

Title
Chapter: 8 / Q: 8.1 Define audit sampling
Chapter: 8 / Q: 8.2 Why do auditors sample instead of examining every transaction?
Chapter: 8 / Q: 8.3 Distinguish between Type I and Type II errors. What terms are used to describe these errors when the auditor is conducting tests of controls and substantive tests? What costs are potentially incurred by auditors when such decision errors occur?
Chapter: 8 / Q: 8.5 Distinguish between nonstatistical and statistical sampling. What are the advantages and disadvantages of using statistical sampling?
Chapter: 8 / Q: 8.6 List audit evidence types that do not involve sampling and provide an example of a situation where an auditor would not use audit sampling
Chapter: 8 / Q: 8.7 Define attribute sampling. Why is this sampling technique appropriate for tests of controls?
Chapter: 8 / Q: 8.8 Why is attribute sampling sampling technique appropriate for tests of controls?
Chapter: 8 / Q: 8.9 List the four factors that enter into the sample size decision
Chapter: 8 / Q: 8.10 What is the relationship between sample size and each of these factors?
Chapter: 8 / Q: 8.12 What is an advantage of statistical sampling over non-statistical sampling

total questions: 495

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