Why is materiality allocated only to those accounts that are
sampled?
Is any component of audit risk within the control of the
auditor? Explain.
How are the three risks that make up audit risk interrelated?
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ACC 491 Week 3 Team Assignments From the Text
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Resource: Modern Auditing: Assurance Services and the Integrity of
Financial Reporting
Prepare written answers to the following assignments:
1. Chapter 6: Comprehensive Question 6-26 – Audit Programs and
Assertions
2. Chapter 7: Case 7-25 – New Client Acceptance, part b only
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ACC 491 Week 4 DQ 1
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What are some of the different types of sampling methods that are
available to the auditor? How does the auditor decide which method to
use? How will the different methods affect the audit?
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