An auditor is selecting a random sample of cash disbursements. One of the corresponding source documents for a selected random number is a voided cheque. The auditor should:
A) treat the cheque as a deviation.
B) reduce the sample size by one.
C) select the cheque immediately before or after the one that corresponds to the random number.
D) None of the given answers.
Correct Answer:
Verified
Q33: When performing a test of controls with
Q34: An auditor plans to examine the supporting
Q35: How would decreases in tolerable misstatement and
Q36: The tolerable deviation rate for tests of
Q37: An auditor planning tests of controls specifies
Q39: When using a statistical sampling plan for
Q40: The auditor has decided to use systematic
Q41: As a result of tests of controls,
Q42: An auditor is using the probability proportional
Q43: If auditors conducting attribute sampling found that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents