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Unformatted text preview: 1213 Andrew Call Medical-2,472,032 1214 Lilly Heather, Inc. 26,945 2,498,977 2,477,121 (93) 1215 Janyne Ann Corp. 1,023 2,500,000 $ Total Accounts Receivable 2,500,000 $ 3,977 $ 26,882 30,859 $ What is the probability that account 1005 will be included in the sample if you use random sampling? If you use systematic sampling? Account 1006? Steps in MUS Sampling Application Performance 4. Select sample items. 5. Perform the auditing procedures. Evaluation 6. Calculate the projected misstatement and the upper limit on misstatement 7. Draw final conclusions. After the sample items have been selected, the auditor conducts the planned audit procedures on the logical units containing the selected dollar sampling units....
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- Fall '08