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As part of the audit of Newsome Enterprises. LLC , the audit team Is preparing to audit the accounts receivable balances of the client. It
As part of the audit of Newsome Enterprises. LLC the audit team Is preparing to audit the accounts receivable balances of the client. It has been noted that the client has some accounts in this pooulation that represent both large dollar halances and that also take longer than the average number of days to pay their baiances. Based on this finding, what might be an appropriate atsdit sampling strategy?
The auditor shoud consichr adepting a relance iudis samplre straly by which entais the alutiter requesting the ingural sude tunctiondetermine a represmintipe sampe and reviry on ther findings
The autfin of should consider adspting s nonstatistical sampling chance of berig rekceved. erare lkely to be auditert
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