Attribute Sampling Would Be an Appropriate Method to Use on Which

question 29

Multiple Choice

Attribute sampling would be an appropriate method to use on which one of the following procedures in an audit program?

• A)Review sales transactions for large and unreasonable amounts.
• B)Observe whether the duties of the accounts receivable clerk are separate from handling cash.
• C)Examine a sample of duplicate sales invoices for credit approval by the credit manager.
• D)Review the aged schedule of accounts receivable to determine if amounts receivable from officers are included.

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Definitions:

Accepted Into College

The act of being granted admission to a college or university program as a recognized student.

Mailbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is communicated through the mail, even if the offeror has not yet received it.

Plot Land

A marked piece of land designated for a specific use, such as construction, gardening, or other forms of development.

Mailbox Rule

A legal principle in contract law that states an offer is considered accepted at the moment the acceptance is mailed, rather than when the acceptance is received by the offeror.