Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Please download the Roger Company IDEA files, if you havent already. Use IDEA to determine the sample size an auditor should use for attributes sampling

image text in transcribed

image text in transcribed

Please download the Roger Company IDEA files, if you havent already.

Use IDEA to determine the sample size an auditor should use for attributes sampling given the criteria listed below (Hint: In the Analysis tab, Sample group, choose Attribute to open the Attribute Sampling window):

Enter the following information

  • Confidence level is 95
  • Population size is 1000
  • % Tolerable deviation rate is 8
  • % Expected deviation rate is 3

Click Compute. What is the recommended sample size? _______________

Custom Functions.ILB Equations.ILB Exports.ILB Import Definitions.ILB Macros.ILB Other.ILB Results.ILB SmartAnalyzer.ILBX Source Files.ILB Visualization.ILB File folder File folder File folder File folder File folder File folder File folder File folder File folder File folder 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 9/15/2021 8:04 PM 3/31/2021 1:04 PM \begin{tabular}{|c|c|c|c|c|c|c|} \hline Accounts Payable.IMD & IMD File & 9KB & No & 33KB & 76% & 4/29/2021 4:25 PM \\ \hline Accounts Receivable.IMD & IMD File & 21KB & No & 97KB & 80% & 4/29/2021 4:25 PM \\ \hline Cash Disbursement.IMD & IMD File & 42KB & No & 220KB & 82% & 4/29/2021 4:25 PM \\ \hline Employee.IMD & IMD File & 8KB & No & 37KB & 79% & 4/29/2021 4:25 PM \\ \hline Inventory.IMD & IMD File & 14KB & No & 57KB & 76% & 4/29/2021 4:25 PM \\ \hline Payroll.IMD & IMD File & 5KB & No & 25KB & 82% & 4/29/2021 4:25 PM \\ \hline Shipping.IMD & IMD File & 51KB & No & 190KB & 74% & 4/29/2021 4:25 PM \\ \hline Vendor.IMD & IMD File & 7KB & No & 30KB & 78% & 4/29/2021 4:25 PM \\ \hline \end{tabular} Custom Functions.ILB Equations.ILB Exports.ILB Import Definitions.ILB Macros.ILB Other.ILB Results.ILB SmartAnalyzer.ILBX Source Files.ILB Visualization.ILB File folder File folder File folder File folder File folder File folder File folder File folder File folder File folder 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 3/31/2021 1:04 PM 9/15/2021 8:04 PM 3/31/2021 1:04 PM \begin{tabular}{|c|c|c|c|c|c|c|} \hline Accounts Payable.IMD & IMD File & 9KB & No & 33KB & 76% & 4/29/2021 4:25 PM \\ \hline Accounts Receivable.IMD & IMD File & 21KB & No & 97KB & 80% & 4/29/2021 4:25 PM \\ \hline Cash Disbursement.IMD & IMD File & 42KB & No & 220KB & 82% & 4/29/2021 4:25 PM \\ \hline Employee.IMD & IMD File & 8KB & No & 37KB & 79% & 4/29/2021 4:25 PM \\ \hline Inventory.IMD & IMD File & 14KB & No & 57KB & 76% & 4/29/2021 4:25 PM \\ \hline Payroll.IMD & IMD File & 5KB & No & 25KB & 82% & 4/29/2021 4:25 PM \\ \hline Shipping.IMD & IMD File & 51KB & No & 190KB & 74% & 4/29/2021 4:25 PM \\ \hline Vendor.IMD & IMD File & 7KB & No & 30KB & 78% & 4/29/2021 4:25 PM \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Decision Making Approach

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

2nd Edition

0471328235, 978-0471328230

More Books

Students explore these related Accounting questions

Question

List three benefits of using a to-do list.

Answered: 3 weeks ago