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    Individual Assignment Chapter 17 - Audit Sampling For Tests of Details of Balances Multiple Choice Questions From CPA and CIA Examinations

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    Unazukin Och
    This document contains multiple choice questions from CPA and CIA examinations related to audit sampling for tests of details of balances. The questions cover topics such as emphasizing larger items from a population, expected amount of misstatements and measures of tolerable misstatement, factors that impact sample size decisions, types of sampling risk, calculating monetary population values within a range, and considerations for including zero or negative balances in a sample.

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    Individual Assignment Chapter 17 - Audit Sampling For Tests of Details of Balances Multiple Choice Questions From CPA and CIA Examinations

    Uploaded by

    Unazukin Och
    44 views1 page
    This document contains multiple choice questions from CPA and CIA examinations related to audit sampling for tests of details of balances. The questions cover topics such as emphasizing larger items from a population, expected amount of misstatements and measures of tolerable misstatement, factors that impact sample size decisions, types of sampling risk, calculating monetary population values within a range, and considerations for including zero or negative balances in a sample.

    Original Title

    Kunci Jawaban Arens Edisi 16 Ch 17

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    This document contains multiple choice questions from CPA and CIA examinations related to audit sampling for tests of details of balances. The questions cover topics such as emphasizing larger items from a population, expected amount of misstatements and measures of tolerable misstatement, factors that impact sample size decisions, types of sampling risk, calculating monetary population values within a range, and considerations for including zero or negative balances in a sample.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    44 views1 page

    Individual Assignment Chapter 17 - Audit Sampling For Tests of Details of Balances Multiple Choice Questions From CPA and CIA Examinations

    Uploaded by

    Unazukin Och
    This document contains multiple choice questions from CPA and CIA examinations related to audit sampling for tests of details of balances. The questions cover topics such as emphasizing larger items from a population, expected amount of misstatements and measures of tolerable misstatement, factors that impact sample size decisions, types of sampling risk, calculating monetary population values within a range, and considerations for including zero or negative balances in a sample.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
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    Individual Assignment Chapter 17 – Audit Sampling for Tests of Details of Balances

    Multiple Choice Questions from CPA and CIA Examinations:


    17-19 a. (4) Allow the auditor to emphasise larger items from the population
    b. (2) Expected Amount of Misstatements (Yes), Measure of Tolerable Misstatement
    (Yes)
    c. (3) Decrease sample size (Increase in tolerable mistatement), Increase sample size
    (Increase in assessed level of Control Risk)

    17-20 a. (3) Incorrect rejection


    b. (2) $2,000
    c. (4) accept the $175,000 balance because the confidence interval is within the
    materiality limits

    17-21 a. (4) Has a probability proportional to its dollar value of being selected
    b. (3) Inclusion of zero and negative balances generally does not require special
    design considerations
    c. (4) Predict a monetary population value within a range of precision

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