Planning and documentation of an attribute sampling plan What are the steps to implement an attribute sampling plan?


The auditor should include the following in his or her working papers for adequate documentation involving sampling:
1 . Define the attributes of interest and what constitutes failure(s).
2 . Define the population from which the sample is to be taken.
3 . Determine the sample size.
4 . Determine the method of selecting the sample.
5 . Select the sample items and perform the test of control.
6 . Evaluate the sample results and consider the effect on planned substantive procedures.
7 . Document all phases of the sampling process.

Business

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Bond issue costs

A) should be amortized by the straight-line method to interest expense. B) should be included in bond discount or subtracted from bond premium and amortized by the effective interest method. C) should be subtracted from bonds payable on the balance sheet. D) should not be amortized and should be written off at bond retirement.

Business

According to the five-step model of the marketing process, the first step in marketing is ________

A) capturing value from customers to create profits and customer equity B) constructing an integrated marketing program that delivers superior value C) engaging customers, building profitable relationships, and creating customer delight D) understanding the marketplace and customer needs and wants E) designing a customer-driven marketing strategy

Business

Whereas environmentalists consider whether the marketing system is efficiently serving consumer wants, consumerists are concerned with marketing's effects on the environment and with the environmental costs of serving consumer needs and wants

Indicate whether the statement is true or false

Business

If politics in the workplace appear to be unproductive or destructive,

a. take action immediately. b. participate in the politics and go with the flow. c. hold yourself above them. d. all of these choices.

Business