1
Q
What is the process/calculation to manually stratify a sample?
A
Remove any items in the sample over the sampling interval
2
Q
How do you determine how many items will be in a sample when you have the sampling interval?
A
Sample Size* = Total population / Sampling Interval
- Always ROUND UP
3
Q
How do you determine the sampling interval for a PPS sample?
A
Tolerable misstatement / Reliability factor*
*Reliability factor is from a table based on Risk of Incorrect Acceptance
AUD Exam - CPA
flashcards
Decks in class (33)
# Cards
-
Initial Weak Areas66
-
Final Review Weak Areas86
-
Auditing Standards and Governing Bodies11
-
Quality Management System5
-
SQM (REAL MICE) Rapid Fire7
-
COSO Rapid Fire - L134
-
COSO Rapid Fire 264
-
COSO Drills - L211
-
COSO Identification Drills - L350
-
Accounting Cycles4
-
Procedures & Evidence20
-
Analytic Type Drills20
-
Accounting Cycle Drills78
-
Accounting Cycle Drills Part 245
-
Sampling Drills45
-
Sampling L23
-
High-value Assertions11
-
Assertions5
-
Assertion Drills93
-
Assertions Rapid Fire6
-
Assertion Rapid Fire73
-
Engagements10
-
Report Drills L115
-
Reporting Drills18
-
SPF7
-
Communications11
-
Paragraph & Opinion Drills34
-
SSARS SSAE Audit Drills16
-
Paragraph Rapid Fire33
-
SOC10
-
Government10
-
Ethics26
-
Compliance6
