The following are auditor judgments and attributes sampling results for six populations. Assume large population sizes.
1 2 3 4 5 6
EPER (in percent) 2 0.5 1 0 2 5
TER (in percent) 6 4 20 3 8 10
ARO (in percent) 10 5 10 5 5 10
Actual sample size 100 100 20 100 60 60
Actual number of exceptions in the sample 2 3 1 1 1 5
a. For each population, did the auditor select a smaller sample size than is indicated by using the attributes sampling tables in Table 15-8 (p. 519) for determining sample size? What are the implications of selecting either a larger or smaller sample size than those determined using the tables?
b. Calculate the SER and CUER for each population.
c. For which of the six populations should the sample results be considered unacceptable? What options are available to the auditor?
d. Why is analysis of the exceptions necessary even when the populations are considered acceptable?
e. For the following terms, identify which is an audit decision, a nonstatistical estimate made by the auditor, a sample result, and a statistical conclusion about the population:
4. Actual sample size
5. Actual number of exceptions in the sample
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homeworkpaper.net, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We work around the clock to see best customer experience.
Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.