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Unformatted text preview: 15-22 a.(1) b. (3) c. (2) d.(4)15-23 a. (1) b. (3) c.(4) d.(4)15-24 a. (4) b. (3) c.(2)15-27 a. It would be appropriate to use attributes sampling for all audit procedures except audit proccedure 1. It is a analytical procedure for which the auditor is doing a 100% review of the entire cash receipts journal.b.The appropriate sampling unit for audit procedures 2-5 is a line item, or the date the pre-listing of cash receipts is prepared. The main emphasis is the completeness objective and audit procedure 2 indicate there is a prelisting of cash receipt.C. The attribute of NO.2 is that cash receipts in the prelisting are recorded in the cash receipts journal.For the NO3, the attribute is that cash receipts in the prelisting are recorded in the cash recceipts journal.For the NO.4 the attribute is that cash discount were approved on the related remittance advice.For the NO.5, the attribute is that cash included in the prelisting has been included on the deposit slip....
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This note was uploaded on 08/12/2011 for the course ACCT 620 taught by Professor Smith during the Spring '11 term at Alabama A&M University.
- Spring '11