Question
Based on the defining and understanding of audit sampling: 1. Why it is important for the auditor to select and audit reasonable numbers of transactions
Based on the defining and understanding of audit sampling:
1. Why it is important for the auditor to select and audit reasonable numbers of transactions instead of taking auditing the whole transactions that happened in the company? (4 marks)
2. What are the factors that auditors should consider during the process of audit sampling? (4 marks)
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Cost And Management Accounting
Authors: Duncan Williamson
1st Edition
0132059231, 978-0132059237
