Auditing & Assurance Services (Auditing and Assurance Services)
Auditing & Assurance Services (Auditing and Assurance Services)
7th Edition
ISBN: 9781259573286
Author: Timothy J Louwers, Allen Blay, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
Question
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Chapter G, Problem 45EP

1.

To determine

Explain the manner EW’s audit team would select a sample of customer accounts from the population of accounts receivable.

2.

To determine

Compute the first four dollars that would be selected, if EW selected a random starting point of 172,600. Explain the manner EW would proceed to evaluate these items.

3.

To determine

Explain the manner that EW would evaluate the selected two dollar amounts are contained in the same customer account.

4.

To determine

Explain the procedure that EW’s audit team should perform for each of the given elements before selecting the sample if the population were arranged based on these elements.

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