Performance or operational review progresses


Question 1:

Illustrate out the term audit sampling. Why do auditors sample instead of the examining every transaction?

Question 2:

Illustrate out the four factors which enter in the sample size decisions.

Question 3:

Briefly describe four (4) benefits to top management of performing performance or operational reviews.

Question 4:

List and illustrate briefly the stages through which a performance or operational review progresses.

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Auditing: Performance or operational review progresses
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