The population for a substantive test of balances consists of
A) all items in the account for the entire year
B) all material items in the accounts or class of transactions
C) all material events in the accounts or class of transactions
D) all items in the accounts at the end of the year
E) all transactions in the class of transactions for the entire year
Correct Answer:
Verified
Q47: Sampling would not be used to
A)recalculate
B)make inquiries
C)confirm
D)perform
Q48: With monetary unit sampling,estimating the misstatements in
Q49: To obtain the projected misstatements for the
Q50: Which of the following misstatements may cause
Q51: With monetary unit sampling,misstatements are
A)evaluated to determine
Q53: To evaluate the statistical sample,the auditor uses
A)probability
Q54: The known and likely misstatements will be
Q55: To determine whether the account balance or
Q56: With monetary unit sampling
A)each individual interval in
Q57: With monetary unit sampling,a random start is
A)a
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