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Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal: Foot the sales journal for the month of June and trace postings to the general ledger. True O False Question 38 1 pts The client shipped goods on December 30th which was recorded a sale on December 30th; the goods were redeived and recorded by the customer on January 3rd. As a result the customer confirmed a lower amount. This is a: O Timing difference Cutoff error Other type of misstatement The auditor obtained the sample results provided below. If tolerable misstatement is $100,000 the population is acceptable (ignore sampling risk) Strata Book Sampled Amount Sample Projected Error Errors Value Strata 1 500,000 15,000 500,000 Strata 2 500,000 15,000 2,500,000 Totals 1,000,000 3,000,000 True O False An auditor took a sample of 100 transactions with various results. Indicate the sample result with the lowest allowance for sampling risk. O O exceptions O 5 exceptions 10 exceptions Sampling risk is the same for all Question 41 1 pts The client shipped goods on January 2nd which was recorded as a sale on December 31st. The goods were received and recorded by the customer on January 4th. As a result the customer confirmed a lower amount. This is a: Timing difference Cutoff error Other type of misstatement