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Discuss audit procedure used in cash audit process

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Discussion Questions -

Q1. Define audit sampling. Why auditor sample used instead of examining all accounting transaction?

Q2. Distinguish between statistical and non-statistical sampling. What are the advantage and disadvantage using statistical sampling?

Q3. Discuss audit procedure used in cash audit process?

Q4. Cash kiting fraud on cash balance. Discuss it by giving example For cash kiting?

Reference no: EM132540641

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