# HW CH 16, 17 - of balances would need to be increased The...

This preview shows pages 1–2. Sign up to view the full content.

Rosmic Calvo ACCT 275 CH 16 & 17 16-20 a) 4 b) 4 c) 2 16-21 a) 4 b) 2 c) 2 16-22 a) 2 b) 1 17-25 a) 4 b) 3 c) 3 17-26 a) 4 b) 2 c) 2 16-23 1. Detail tie-in 2. Detail tie-in 3. Existence, Accuracy, Realizable Value 4. Existence, Accuracy 5. Existence, Accuracy, Realizable Value 6. Cutoff 7. Rights

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
8. Classification 16-25 a b c/d 1 Documentation 1 Completeness 2 Documentation 1 Occurrence 3 Inquiry 4 Cutoff 4 Reperformance 4 Detail tie-in 5 Observation 1 Posing and summarization 6 Documentation 2 Timing 7 Documentation 1 Occurrence 8 Documentation 4 cutoff 9 Analytical procedures 3 --- 17-27 a) (6,900,000/150,000) * 2 = 92 b) If poor results were obtained, then the required sample size for tests of details
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: of balances would need to be increased. The auditor could use the sample size formula to increase the sample size by increasing the assurance factor. c) I will select a systematic sample based on the dollar value of the population; the appropriate interval can obtained by dividing the population value by the required sample size. d) The population can be considered fairly stated, because the projected error of \$45,000 is well below the tolerable misstatement of \$150,000....
View Full Document

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern