PROBLEM 2 - Sampling for Tests of Controls (5 marks total) You are conducting the financial report audit of Boombastic Ltd and are currently performing tests of controls. You need to test the approval control for the weekly payroll. There are 52 pay runs made each year. For testing this control, you have determined an appropriate sample size is 13 and the tolerable deviation rate (TDR) is 7%. REQUIRED: Use the above information to answer questions 3 to 4 below. Q3: Describe how you would use systematic sampling to select your sample for testing. (3 marks) Q4: When you conduct your tests of control, you find one item which was not appropriately approved. What do you conclude? (2 marks)