Question
Please help with Audit case Karina, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is
Please help with Audit case
Karina, a first-year auditor, is asked to select a sample of invoices to audit the utility expense account. Below is the account detail.
Month | Balance | Month | Balance |
January | $15,245 | July | $ 2,901 |
February | 12,973 | August | 2,837 |
March | 11,359 | September | 3,690 |
April | 9,326 | October | 5,890 |
May | 6,380 | November | 9,823 |
June | 4,558 | December | 14,906 |
The audit program asks to select a sample of four items.
Required
1.Using systematic selection, determine which four months will be selected.
2.Using haphazard selection, determine which four months will be selected.
3.Using block selection, determine which four months will be selected.
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