Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Why is appropriately defining the population so important in a sampling application? a. To permit the appropriate number of sample items to be selected b.

Why is appropriately defining the population so important in a sampling application?

a. To permit the appropriate number of sample items to be selected

b. To ensure that the appropriate audit procedures can be applied to sample items

c.To enhance the likelihood of obtaining a representative sample and meet the objective of the sampling application

d. To reduce the likelihood of failing to identify material misstatements in an account balance or class of transactions

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

Step: 3

blur-text-image

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

Modern Internal Auditing An Operational Approach

Authors: Victor Zinn Brink

3rd Edition

0471065242, 978-0471065241

More Books

Students also viewed these Accounting questions