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1. What is the difference between variables sampling and attribute sampling (see Messier PowerPoint in footnote 1 below) ? 2. Why is attribute sampling usually
1. What is the difference between variables sampling and attribute sampling (see Messier PowerPoint in footnote 1below)?
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2. Why is attribute sampling usually appropriate for internal controls audits?
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3. Give an example of how attribute sampling can be used for an internal control audit.
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4. Why is variables sampling usually appropriate for substantive tests of financial statements accounts?
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5. Give an example of how variables sampling can be sued for substantive tests..
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