ACCT 401

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ACCT401-Assignment1-Questions.docx

بسم الله الرحمن الرحيم

Assignment

2

Marks

10

Course Title

Auditing Principles and Procedures

Code

ACCT 401

Uploading

End week 7

Submission

Date

Dates

Sat 4/11/2017

Instructions:

· The answer must be in English .

· Students must include your details (Name, Student ID, CRN, Date of submission)

· Answer the ALL questions.

· Do  NOT  write the questions in the answer papers  JUST  write the  question number .

· Assignments should be submitted in MS Word format

· Font should be Times New Roman with 14 points .

· You are required to work in this assignment  individually .

· You should submit the assignment via the  Blackboard .

· Students who submit assignments after deadline, will get ZERO .

· If you engaged in plagiarism, you will get ZERO marks in the assignment or course.

1/ What are the functions of audit documentation?

2/ Describe statistical sampling and non-statistical sampling. What are the major advantages and disadvantages of statistical sampling and non-statistical sampling?

3/ The testing of hierarchy is considered to be more effective and more efficient. Why?

4/ Contrast reliance strategy VS substantive strategy?