Because of the importance of tests of controls and substantive tests of transactions for acquisitions and cash disbursements, attributes sampling is commonly used when testing the acquisitions and cash disbursements cycle.

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Attributes sampling is a statistical method used to estimate the proportion of items in a population that has a particular characteristic (attribute) based on a sample of the population. Since tests of controls and substantive tests of transactions are commonly used in the acquisitions and cash disbursements cycle and involve making assertions about the attributes of these transactions (e.g., accuracy, completeness, validity), attributes sampling is particularly useful in evaluating the effectiveness of controls and detecting errors or irregularities.

Because of the Importance of Tests of Controls and Substantive