Assume that the client's internal controls require a clerk to attach a shipping document to every duplicate sales invoice but this procedure is not followed exactly 3 percent of the time.If the auditor selects a sample of 200 duplicate sales invoices,which of the following sample results is most representative of the population?
A)three shipping documents are missing
B)six shipping documents are missing
C)five shipping document are missing
D)there were no shipping documents missing

Question

Quizplus · Accepted Answer

Given that the procedure is not followed 3 percent of the time, in a sample of 200, we would expect 3% of 200 to be missing shipping documents. 3% of 200 is 6, making option B most representative of the population.

Assume That the Client's Internal Controls Require a Clerk to Attach