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mning Time 33 minutes, 03 seconds than half of them Question Completion Status Question 2 10 points During the course of an audit the auditor

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mning Time 33 minutes, 03 seconds than half of them Question Completion Status Question 2 10 points During the course of an audit the auditor gathers audit evidence that is sufficient and appropriate He will examine many different types of dit documents and make his opinion on each aspect of the sudit examination being conducted The following are relevant and involve independent cases that present a set of stations that may or may not involve sampling The auditor of Central Bank Limited is currently examining loan ronivables on an assigned audit. The population of loans contains two strata. One stratum is composed of 30 loans that are each greater than $1.8 million. The second stratum contains 5050 loans that are less than $1 million. The auditor has decided to test at loans greater than 51 million and 15 loans less than 5 milion . An auditor has randomly selected 40 sales invoices to be examined for proper pricing of the good purchased by the customer The prepaid insurance account is made up of three policies that total $65.000 The auditor has decided that this account is immaterial and decides that no police will be escamined Required: Indicate and discuss which situations involve udt sampling (statistical or non-statistical and why (10 m) To the ATF 10 PC) O ALTEN pe mning Time 33 minutes, 03 seconds than half of them Question Completion Status Question 2 10 points During the course of an audit the auditor gathers audit evidence that is sufficient and appropriate He will examine many different types of dit documents and make his opinion on each aspect of the sudit examination being conducted The following are relevant and involve independent cases that present a set of stations that may or may not involve sampling The auditor of Central Bank Limited is currently examining loan ronivables on an assigned audit. The population of loans contains two strata. One stratum is composed of 30 loans that are each greater than $1.8 million. The second stratum contains 5050 loans that are less than $1 million. The auditor has decided to test at loans greater than 51 million and 15 loans less than 5 milion . An auditor has randomly selected 40 sales invoices to be examined for proper pricing of the good purchased by the customer The prepaid insurance account is made up of three policies that total $65.000 The auditor has decided that this account is immaterial and decides that no police will be escamined Required: Indicate and discuss which situations involve udt sampling (statistical or non-statistical and why (10 m) To the ATF 10 PC) O ALTEN pe

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