the confidence level = 90%, tolerable deviation rate = 9% and expected deviation rate = 0%. the sample size = 25.

5 items were added to the calculated sample size.

west Case $13.pdf rah24 1 /Documents/Auditing Audit ing%20Assignments%20fo1%20Southwest/4th%20ASsignment ale % 201 oce2 + 2Fit to page D Page viewA 11/03/27 Page 1 Southwest Appliance, Inc Sales Journal Random Sample ord Date Inve Cuat D.A. Amount Prod. 0ty. Price Ext 1 x1/01/07 4650 1192 3085 274.00 62 3 X1/01/20 4733 1154 3169 394.00 2 X1/01/20 4735 1121 3170 1149.00 137.00 274.00 192.00 394.00 156.00 624.00 525.00 525.00 10 30 X1/02/06 4822 1193 3259 2761.00 3 437.00 2185.00 192.00576.00 8 X1/02 / 22 919 1038 3353 2435.00 1 250.00250.00 437.00 2185.00 29 X1/02/28 4954 1237 3393 2250.00 3 750 00 2250.00 27 x1/03/0e..so21 1163 . 3160 4S30.00 156 0080.00 750.00 3750.0 22 1/03/17 E0731128 3512 250.00 500.00 11 X1/03/1e 5081 1177 3520 1386.006 137.00137.00 562.00582.00 687.00 632-00 Prtsc nsen Fa 241 Documents/Auditing Auditing%20 Assignments%20fork 20southwest a mea sig Fit to page Page view 8 X1/02/22 4919 1038 3358 2435.00 1 1 250.00 250.00 437.00 2185.00 29 x1/02/28 4954 1237 3393 2250.00 9 750.00 2250.00 27 x1/03/09 5021 1163 3460 4530.00 5 5 156.00 790.00 750.00 3750.00 22 X1/03/17 5073 1129 3512 500.00 1 2 250.00 500.00 11 X1/03/18 5031 1177 3520 1386.00 6 137.00 137.00 562.00 562.00 687.00 637.00 14 X1/03/23 5096 1229 3535 750.00 2 2 35.00 750.o0 20 X1/04/09 5197 1249 3636 500.00 2 250.00 23 x1/04/21 5260 1217 3699 67.00 e 687.00 687.00 567.00 137.00 11.00 156.00 156.0 26 X1/05/04 5336 1019 3775 192.00769.00 250.00 250.00 437.00 1311.00 12 X1/05/10 536 1100 3807 2329.00 7 Pasc F10 F11 5 6 8 9 0 Lu ah24 1 Documents Audrting Auditing%20Assignments%20fo %20Southwest 4th%20 s signment/Sales%20 nvoic Fitto page Page view 24 1/05/11 5379 1247 3818 1187.00 1 2 250.00 500.00 687.00 687.00 6 X1/06/09 5529 1175 3969 685.00 6 137.00 68500 5 x1/07/02 5665 1068 4105 576.00 7 3 192.00 576.00 13 x1/07/08 5690 1123 4130 768.00 4 192.00 768.00 17 x1/07/15 5733 1022 4173 1374.00 6 150.00 750.00 156.00 624.00 19 x1/07/21 5763 1149 4203 2355.00 5 156.00 312.00 150.00 450.00 531.00 1593.00 10 19 X1/08/13 5894 1135 4335 3191.00 9 762.00 2286.00 593.00 593.00 156.00 312.00 16 X1/03/19 5922 1103 4363 1393.00 593 00 593.00 400.00 800.00 21 X1/09i01 6000 1127 42 170.002 593 00 1186.00 262 00 524.00 6921132 S534 2386.00 ili 1 .3. i 262.00 : 786.00 400200 1600.00 X1/09/17 1 F10 F11 5 6 7 8 9 0 eenah241/Documents Auditing Audi tin0%20Assignments%20for%20Southwest at %20Assignment Sales%20ino O Fit to page Page view 16 x1/08/19 5922 1103 4363 1393.00 593.00 593.00 400.00 800.00 21 x1/09/01 6000 1127 1112 1710.00 4 593.00 1186.00 262.00 524.00 9 x1/09/17 6092 1132 4534 2386.00 262.00 786.00 400.00 1600.00 25 x1/10/21 6268 1094 4711 4198.00 9 750.00 2250.00 262.00 262.00 562.00 1686.00 4 x1/10/27 6291 1160 4734 2124.00 10 5100 2124.00 562.00 562.00 143.00 286.00 10 X1/11/09 6363 1071 4806 Prtsc F10 F11 5 6 8 0 enah241/Documents/Audit ng Auditing 20 Assignments%20for%20Southwest 4th%20As gr ment Sale %20E D Fitto page ID page view 11/03/27 Page 2 Southwest Appliance, Inc Sales Journal Random Sample Ord Date Inve Cust D.A. Amount Prod. Oty Price Ext. 7 X1/11/13 6396 1094 4929 994.00 5 156.00 312.00 143.00 572.00 400.00 400.00 192.00 192.00 531.00 2124.00 29 X1/12/09 6515 1199 4958 2716.00 10 15 x1/12/09 520 117 4963 74.00 3 2 437.00 874.00 " End of Sample 1 Prtsc F11 F12 5 6 8 9 0 krysteenah2 4 1/Documents/Auditing/Auditing%20Assignments V4th%20Assignment/Sales%20invoices +7 itto page Pageview A Delivery Advice Listing Date DA SO CuSt X/01/07 Received By WTLSONH Prod code Quantiny 3085 3019 1192 XI/01/20 3168 3102 1154 WAL TER HYATT Xi/01/20 3170 3104 1121 MEL JONES 10 X1/02/00 3259 3193 1183 X1/02/22 3358 3292 1038 REA XI/0 2/28 3393 3327 1237 X1/03 09 3460 3394 1163 X1/03/17 3512 3446 1128 D. HARRS Pnsc 6 8 9 5 -+ Fit to page D Page view X1/02/22 3358 3292 1038 REX Xi/02/28 3393 3327 1237 Xi/03/09 3460 3394 1163 GARY X1/03/17 3512 3446 1128 D. HARRIS X1/03/18 3520 3454 1177 L MICHAELS X1/03/23 3535 349 1228 BRAD N X1/04/09 3636 3570 1249 Sunday, March 27, 2011 Page I of 3 Prisc F11 5 6 8 9 0 GH west Case $13.pdf enah241/Documents Auditing/Auditing%20Assignmen s%20fr%20Southwes 4thROAss g menus lesO din o es. + Fit to page _ D Page view IAN Date DAW SON Cust Received By Prod code Quantity X1/04/21 3699 3633 1217 Xi/05/04 3775 3709 1079 HARLEY X1/05/10 3807 3741 1100 D. KERR X1/05/11 3818 3752 1247 XI/06/09 3969 3903 1175 G I XI/07/02 4105 4039 1068 11/07/05 4130 4064 1123 OANR X1 07/15 4173 41071022 P1sc Insern 5 6 8 9 0 h241/Documents Auditing Auditing%20Assignments%20f0 %20Southwest at %20As onment Sale %201 o Fit to page D Page view Xi/05/1 3818 3752 1247 L.P 3969 3903 1175 G.. X1/07/024105 4039 1068 ED X1/07/08 4130 4064 1123 JOAN R X1/07/15 4173 4107 1022 R.R X1/07/21 4203 4137 1149 10 JDIETRICH X1/0813 4335 4269 1135 Ols Prisc F12 5 6 nah24 1/Documents/Audit ng Auditing%20ASS gr ments%20for%20Southwest 4th%20Assignmenus les auto e + Q ittae D Page view A Date DAll SO# Cust Received By X1/08/19 4363 4297 1103 RYANSTTI Prod code Quantity Xi/09/01 4442 4376 1127 RONALD M X1/09/17 4534 4468 1132 KENOWEN X1/10/21 4711 4045 1094 BOB X/1027 4734 4668 1160 GEORGE 10 X 1/09 4806 4740 107 PA S TOLBERT 4829 4763 084 Pasc 8 9 5 6 ah241 Documents Auditing Auditing%20Assignments%20for%20Southwest/4th%20Assignment/Sales 620m c + 1 Fitto page ID Page view | XI/10/21 4645 1094 BOB XI/27 47344668 1160 GEORGE 10 X1/11/09 4806 4740 1071 PA XI/1/3 4829 4763 1084 STOIBERT x1/12/09 4958 42 1199 G. JACESO 10 X1/12/09 963 4897 1178 Prtsc 6 8 9 0 5 ) Perform your tests - Perform the tests listed below. Each test is a separate sample in that you can get different error rates for each test. Both tests have the same parameters going in, but may have different conclusions. Develop a tick mark to indicate your test results and include a tick mark summary on the working paper Tests Lookup the Deliver Advice and verify that the buyer's driver signed for the goods. If a Delivery Advice is missing, note that in your working paper and select an additional item from your sample. This is why I included five more items in your sample than you calculated for your sample size. Only test the number of items in your sample size. That is, if your sample size was sample of N +5 items and you will test the first N items in your sample. If one of these is missing, then note that it was missing in your working paper and test the N where you perform the required tests on the Delivery Advice 1 item to replace it in your sample so that you end up with N items Verify the product codes and quantities on the deliver advice against the Sales Journal entry. For this test, count any deviation or combinations of deviations as one error. That is, the test is either all are correct or there is an error. Verify that the same customer number appears on the delivery advice and sales . . nvoice Document your results- Fill out the "SW 4 Test Summary" spreadsheet file with the results of your tests. Note any errors in the comments section. Note there are errors in the database and I can determine whether your answers are correct or n Remember to initial and date the working paper. Rename the file with your own name before submitting it, e.g. "Jim Peters SW 4.xls." d) ot. e) In the "SW 4 Summary Memo.doc" file, write up a short description of the purpose of the tests you just executed nd a summary of your results. Be clear Pr1sc ns YU Mailings Review View Help Tell me what you want to do invoice d) Document your results- Fill out the "SW 4 Test Summary" spreadsheet file with the results of your tests. Note any errors in the comments section. Note there are errors in the database and I can determine whether your answers are corect or not Remember to initial and date the working paper. Rename the file with your own name before submitting it, e.g. "Jim Peters SW 4xls." e) In the "SW 4 Summary Memo.doc" file, write up a short description of the purpose of the tests you just executed and a summary of your results. Be clear about what assertion-violations (i.e., completeness, validity, accuracy, and security) each of the four tests you executed were designed to address in which accounts in the Southwest's financial statements. Name the file with your own name as in "Jim Peters SW 4.doc." Also, calculate the upper deviation limit for each test in the sample and conclude on your sample results by stating whether the controls are working as designed FT0 F11 F12 2 Prtsc Insert 6 8 9 0 west Case $13.pdf rah24 1 /Documents/Auditing Audit ing%20Assignments%20fo1%20Southwest/4th%20ASsignment ale % 201 oce2 + 2Fit to page D Page viewA 11/03/27 Page 1 Southwest Appliance, Inc Sales Journal Random Sample ord Date Inve Cuat D.A. Amount Prod. 0ty. Price Ext 1 x1/01/07 4650 1192 3085 274.00 62 3 X1/01/20 4733 1154 3169 394.00 2 X1/01/20 4735 1121 3170 1149.00 137.00 274.00 192.00 394.00 156.00 624.00 525.00 525.00 10 30 X1/02/06 4822 1193 3259 2761.00 3 437.00 2185.00 192.00576.00 8 X1/02 / 22 919 1038 3353 2435.00 1 250.00250.00 437.00 2185.00 29 X1/02/28 4954 1237 3393 2250.00 3 750 00 2250.00 27 x1/03/0e..so21 1163 . 3160 4S30.00 156 0080.00 750.00 3750.0 22 1/03/17 E0731128 3512 250.00 500.00 11 X1/03/1e 5081 1177 3520 1386.006 137.00137.00 562.00582.00 687.00 632-00 Prtsc nsen Fa 241 Documents/Auditing Auditing%20 Assignments%20fork 20southwest a mea sig Fit to page Page view 8 X1/02/22 4919 1038 3358 2435.00 1 1 250.00 250.00 437.00 2185.00 29 x1/02/28 4954 1237 3393 2250.00 9 750.00 2250.00 27 x1/03/09 5021 1163 3460 4530.00 5 5 156.00 790.00 750.00 3750.00 22 X1/03/17 5073 1129 3512 500.00 1 2 250.00 500.00 11 X1/03/18 5031 1177 3520 1386.00 6 137.00 137.00 562.00 562.00 687.00 637.00 14 X1/03/23 5096 1229 3535 750.00 2 2 35.00 750.o0 20 X1/04/09 5197 1249 3636 500.00 2 250.00 23 x1/04/21 5260 1217 3699 67.00 e 687.00 687.00 567.00 137.00 11.00 156.00 156.0 26 X1/05/04 5336 1019 3775 192.00769.00 250.00 250.00 437.00 1311.00 12 X1/05/10 536 1100 3807 2329.00 7 Pasc F10 F11 5 6 8 9 0 Lu ah24 1 Documents Audrting Auditing%20Assignments%20fo %20Southwest 4th%20 s signment/Sales%20 nvoic Fitto page Page view 24 1/05/11 5379 1247 3818 1187.00 1 2 250.00 500.00 687.00 687.00 6 X1/06/09 5529 1175 3969 685.00 6 137.00 68500 5 x1/07/02 5665 1068 4105 576.00 7 3 192.00 576.00 13 x1/07/08 5690 1123 4130 768.00 4 192.00 768.00 17 x1/07/15 5733 1022 4173 1374.00 6 150.00 750.00 156.00 624.00 19 x1/07/21 5763 1149 4203 2355.00 5 156.00 312.00 150.00 450.00 531.00 1593.00 10 19 X1/08/13 5894 1135 4335 3191.00 9 762.00 2286.00 593.00 593.00 156.00 312.00 16 X1/03/19 5922 1103 4363 1393.00 593 00 593.00 400.00 800.00 21 X1/09i01 6000 1127 42 170.002 593 00 1186.00 262 00 524.00 6921132 S534 2386.00 ili 1 .3. i 262.00 : 786.00 400200 1600.00 X1/09/17 1 F10 F11 5 6 7 8 9 0 eenah241/Documents Auditing Audi tin0%20Assignments%20for%20Southwest at %20Assignment Sales%20ino O Fit to page Page view 16 x1/08/19 5922 1103 4363 1393.00 593.00 593.00 400.00 800.00 21 x1/09/01 6000 1127 1112 1710.00 4 593.00 1186.00 262.00 524.00 9 x1/09/17 6092 1132 4534 2386.00 262.00 786.00 400.00 1600.00 25 x1/10/21 6268 1094 4711 4198.00 9 750.00 2250.00 262.00 262.00 562.00 1686.00 4 x1/10/27 6291 1160 4734 2124.00 10 5100 2124.00 562.00 562.00 143.00 286.00 10 X1/11/09 6363 1071 4806 Prtsc F10 F11 5 6 8 0 enah241/Documents/Audit ng Auditing 20 Assignments%20for%20Southwest 4th%20As gr ment Sale %20E D Fitto page ID page view 11/03/27 Page 2 Southwest Appliance, Inc Sales Journal Random Sample Ord Date Inve Cust D.A. Amount Prod. Oty Price Ext. 7 X1/11/13 6396 1094 4929 994.00 5 156.00 312.00 143.00 572.00 400.00 400.00 192.00 192.00 531.00 2124.00 29 X1/12/09 6515 1199 4958 2716.00 10 15 x1/12/09 520 117 4963 74.00 3 2 437.00 874.00 " End of Sample 1 Prtsc F11 F12 5 6 8 9 0 krysteenah2 4 1/Documents/Auditing/Auditing%20Assignments V4th%20Assignment/Sales%20invoices +7 itto page Pageview A Delivery Advice Listing Date DA SO CuSt X/01/07 Received By WTLSONH Prod code Quantiny 3085 3019 1192 XI/01/20 3168 3102 1154 WAL TER HYATT Xi/01/20 3170 3104 1121 MEL JONES 10 X1/02/00 3259 3193 1183 X1/02/22 3358 3292 1038 REA XI/0 2/28 3393 3327 1237 X1/03 09 3460 3394 1163 X1/03/17 3512 3446 1128 D. HARRS Pnsc 6 8 9 5 -+ Fit to page D Page view X1/02/22 3358 3292 1038 REX Xi/02/28 3393 3327 1237 Xi/03/09 3460 3394 1163 GARY X1/03/17 3512 3446 1128 D. HARRIS X1/03/18 3520 3454 1177 L MICHAELS X1/03/23 3535 349 1228 BRAD N X1/04/09 3636 3570 1249 Sunday, March 27, 2011 Page I of 3 Prisc F11 5 6 8 9 0 GH west Case $13.pdf enah241/Documents Auditing/Auditing%20Assignmen s%20fr%20Southwes 4thROAss g menus lesO din o es. + Fit to page _ D Page view IAN Date DAW SON Cust Received By Prod code Quantity X1/04/21 3699 3633 1217 Xi/05/04 3775 3709 1079 HARLEY X1/05/10 3807 3741 1100 D. KERR X1/05/11 3818 3752 1247 XI/06/09 3969 3903 1175 G I XI/07/02 4105 4039 1068 11/07/05 4130 4064 1123 OANR X1 07/15 4173 41071022 P1sc Insern 5 6 8 9 0 h241/Documents Auditing Auditing%20Assignments%20f0 %20Southwest at %20As onment Sale %201 o Fit to page D Page view Xi/05/1 3818 3752 1247 L.P 3969 3903 1175 G.. X1/07/024105 4039 1068 ED X1/07/08 4130 4064 1123 JOAN R X1/07/15 4173 4107 1022 R.R X1/07/21 4203 4137 1149 10 JDIETRICH X1/0813 4335 4269 1135 Ols Prisc F12 5 6 nah24 1/Documents/Audit ng Auditing%20ASS gr ments%20for%20Southwest 4th%20Assignmenus les auto e + Q ittae D Page view A Date DAll SO# Cust Received By X1/08/19 4363 4297 1103 RYANSTTI Prod code Quantity Xi/09/01 4442 4376 1127 RONALD M X1/09/17 4534 4468 1132 KENOWEN X1/10/21 4711 4045 1094 BOB X/1027 4734 4668 1160 GEORGE 10 X 1/09 4806 4740 107 PA S TOLBERT 4829 4763 084 Pasc 8 9 5 6 ah241 Documents Auditing Auditing%20Assignments%20for%20Southwest/4th%20Assignment/Sales 620m c + 1 Fitto page ID Page view | XI/10/21 4645 1094 BOB XI/27 47344668 1160 GEORGE 10 X1/11/09 4806 4740 1071 PA XI/1/3 4829 4763 1084 STOIBERT x1/12/09 4958 42 1199 G. JACESO 10 X1/12/09 963 4897 1178 Prtsc 6 8 9 0 5 ) Perform your tests - Perform the tests listed below. Each test is a separate sample in that you can get different error rates for each test. Both tests have the same parameters going in, but may have different conclusions. Develop a tick mark to indicate your test results and include a tick mark summary on the working paper Tests Lookup the Deliver Advice and verify that the buyer's driver signed for the goods. If a Delivery Advice is missing, note that in your working paper and select an additional item from your sample. This is why I included five more items in your sample than you calculated for your sample size. Only test the number of items in your sample size. That is, if your sample size was sample of N +5 items and you will test the first N items in your sample. If one of these is missing, then note that it was missing in your working paper and test the N where you perform the required tests on the Delivery Advice 1 item to replace it in your sample so that you end up with N items Verify the product codes and quantities on the deliver advice against the Sales Journal entry. For this test, count any deviation or combinations of deviations as one error. That is, the test is either all are correct or there is an error. Verify that the same customer number appears on the delivery advice and sales . . nvoice Document your results- Fill out the "SW 4 Test Summary" spreadsheet file with the results of your tests. Note any errors in the comments section. Note there are errors in the database and I can determine whether your answers are correct or n Remember to initial and date the working paper. Rename the file with your own name before submitting it, e.g. "Jim Peters SW 4.xls." d) ot. e) In the "SW 4 Summary Memo.doc" file, write up a short description of the purpose of the tests you just executed nd a summary of your results. Be clear Pr1sc ns YU Mailings Review View Help Tell me what you want to do invoice d) Document your results- Fill out the "SW 4 Test Summary" spreadsheet file with the results of your tests. Note any errors in the comments section. Note there are errors in the database and I can determine whether your answers are corect or not Remember to initial and date the working paper. Rename the file with your own name before submitting it, e.g. "Jim Peters SW 4xls." e) In the "SW 4 Summary Memo.doc" file, write up a short description of the purpose of the tests you just executed and a summary of your results. Be clear about what assertion-violations (i.e., completeness, validity, accuracy, and security) each of the four tests you executed were designed to address in which accounts in the Southwest's financial statements. Name the file with your own name as in "Jim Peters SW 4.doc." Also, calculate the upper deviation limit for each test in the sample and conclude on your sample results by stating whether the controls are working as designed FT0 F11 F12 2 Prtsc Insert 6 8 9 0