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Define the objective: Evaluation of internal controls and the accounting system for sales. Define the population precisely: Sales transactions that occurred between Jan. 1, 2018
Define the objective: Evaluation of internal controls and the accounting system for sales. Define the population precisely: Sales transactions that occurred between Jan. 1, 2018 and Dec. 31, 2018, inclusive. Define the sampling unit, organization of population items, and random selection procedures: Sales transactions as identified by sales invoice number, recorded sequentially in the sales journal. Computer-generated random sample. Computer-generated random sample
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