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What are the four methods of selecting a sample of items to test from a population in accordance with ISA 530?

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تم إضافة السؤال من قبل Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
تاريخ النشر: 2016/04/11
Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

ISA recognizes that there are many methods of selecting a sample, but it considers five principal methods of audit sampling as follows:

 

1)  Random selection

2)  Systematic selection

3)  Monetary unit sampling

4)  Haphazard selection, and

5)  Block selection.

Shazia Anees
من قبل Shazia Anees , Assistant Manager Finance , Arham Trading Company

1)  Random selection

2)  Systematic selection

3)  Monetary unit sampling

4)  Haphazard selection, and

5)  Block selection.

 

As suggested by Mr. Shahbaz

Zehab Osman
من قبل Zehab Osman , Accountant , Aldar Consultancy Co.

  • Random selection

 

  • Systematic selection

 

  • Monetary unit sampling
  • Block selection.

SULTAN-E- ROOM
من قبل SULTAN-E- ROOM , Head Accountant , DALLA DRIVING ACADEMY

random table number or CAATs,  systematic selection, Block selection and haphazard selection.

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