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Kindly need a help on the ACCT 401 Assignment-2 Please put the answer on Word file only Best regards,, Assignment 2 Auditing Principles and Procedures

image text in transcribed

Kindly need a help on the ACCT 401 Assignment-2

"Please put the answer on Word file only"

Best regards,,

image text in transcribed Assignment 2 Auditing Principles and Procedures Uploading End week 5 Date Sat 21/10/2017 Marks 10 (3.75) Code ACCT 401 Submissio n Dates End week 6 Sat 28/10/2017 Instructions: - You must include your DETAILS (Name, Student number, CRN, Date of submission). - This is an INDIVIDUAL assignment. - The answer must be in English. - Answer the ALL questions. - DO NOT copy. - USE your own words. - DO NOT put or rewrite the question in the answer document. - Assignments should be submitted in MS Word format - Font should be Times New Roman with 12 points. - Students who submit assignments after deadline, will get ZERO. - DO NOT put your answer in a photo. - If you engaged in plagiarism, you will get ZERO marks in the assignment or course. 1- What are the functions of audit documentation? (2 Marks) 2- Describe statistical sampling and non-statistical sampling. What are the major advantages and disadvantages of statistical sampling and nonstatistical sampling? (3Marks) 3- The testing of hierarchy is considered to be more effective and more efficient. Why? (2Marks) 4- Contrast reliance strategy VS substantive strategy? (3Marks)

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