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Sam Ple, auditor, has decided to rely on an audit client's debtors. Sam Ple plans to use sampling to obtain substantive evidence concerning the
Sam Ple, auditor, has decided to rely on an audit client's debtors. Sam Ple plans to use sampling to obtain substantive evidence concerning the reasonableness of the client's debtors/accounts receivable balances. Required: Identify and analyse the steps that Sam Ple should include in the outline of the sampling plan providing examples and illustrations? (20 Marks)
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There are 3 Steps involved in it
Step: 1
Step 1 Define the Population The first step of the sampling plan would be to define the population This includes identifying the accounts receivable p...
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Step: 3
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Auditing and Assurance services an integrated approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
16th edition
978-0134075754, 134075757, 134065824, 978-0134065823
