Module F  Attributes Sampling
MODULE F
Attributes Sampling
LEARNING OBJECTIVES
Review
Checkpoints
Exercises, Problems,
and Simulations
1.
Identify the objectives of attributes sampling,
define deviation conditions, and define the
population for an attributes sampling
application.
1, 2, 3, 4
51, 53, 54, 55, 71 (partial),
73 (parts a – b), 74 (parts a –
b), 75 (part a), 76 (partial),
77 (partial), 79
2.
Understand how various factors influence the
size of an attributes sample.
5, 6, 7
52 (partial), 71 (partial), 72
(parts a – b), 75 (parts b –
c), 76 (partial), 77 (partial),
78, 79
3.
Determine the sample size for an attributes
sampling application.
8, 9
52 (partial), 60, 61, 62,
63, 64, 71 (partial), 72
(part c), 74 (part c), 75
(parts d – e), 80 (partial)
4.
Identify various methods of selecting an
attributes sample.
10, 11, 12
56 (partial), 57, 58, 59, 71
(partial), 73 (parts cd), 74
(part d)
5.
Evaluate the results of an attributes sampling
application by determining the upper limit rate
of deviation (ULRD).
13, 14, 15, 16,
17, 18, 19, 20,
21, 22
52 (partial), 56 (partial),
65, 66, 67, 68, 69, 70, 71
(partial), 72 (parts d – f),
73 (part d), 74 (parts e –
g), 75 (parts f – h), 77
(parts gh), 80 (partial)
6.
Define sequential sampling and discovery
sampling and identify when these types of
sampling applications would be used.
23, 24
7.
Understand how to apply nonstatistical
sampling to attributes testing.
24, 25
74
MODF1
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SOLUTIONS FOR REVIEW CHECKPOINTS
F.1
Attributes sampling is a method of sampling used to determine the extent to which some characteristic (or
attribute) exists within a population of interest. Attributes sampling is used by the auditor in performing
tests of controls to determine the operating effectiveness of internal control policies and procedures.
F.2
The auditor’s objective in attributes sampling is to determine the operating effectiveness of key controls
that influence the financial statement assertions of interest. As a result, the financial statement assertions
ultimately determine which control(s) are tested and are the subject of the auditor’s attributes sampling
application.
F.3
Deviation conditions represent situations in which key controls are not functioning as intended. Deviation
conditions are important in an attributes sampling application because they provide the auditor with
evidence regarding the operating effectiveness of the client’s internal control.
F.4
An appropriate definition of the population is important because auditor conclusions can only be extended
to the population from which the sample is selected.
F.5
a.
Sampling risk is the risk that the decision made by the auditor based on the sample is different
from the decision that would have been made if the entire population were examined.
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 Fall '11
 
 Deviation, upper limit rate

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