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Acconting/Auditing: What are some of the different types of sampling methods that are available to the auditor? How does the auditor decide which method to use? How will the different methods affect the audit? How does the auditor evaluate the results of audit procedures for both tests of controls and substantive testing? What types of qualitative factors will the auditor consider when encountering an error? How will the results affect the audit conclusion? Why do auditors find it necessary to use sampling? What are the risks associated with using sampling? How will these risks affect the audit conclusion? What is the importance of defining the population when performing audit procedures? How will this affect the sample size? How will incorrectly defining the population affect the sampling unit?
Thanks, I may need your help next week for my final. I'll let you know when I find out the detail. Again Thanks