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Auditing Question 28 (4 points) Listen You are reviewing a...

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Accounting

Auditing
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Question 28 (4 points) Listen You are reviewing a training presentation that an intern was asked to prepare the slides for on sampling. Part of your mentorship duties include identifying areas that the intern may require development in and helping them develop that knowledge, In your review, you noted that the presentation was well formatted, and overall reflected a great deal of effort. On the last slide, you notice the following key points the intern has included as a summary in their speaking notes: Stratification of the population will result in less efficient sampling and increase the sample size required. Sampling is not required when an audit procedure is conducted on an entire group of transactions An increase in the number of sampling units in the population will result in a decrease in the sample size. Projected error refers to the extrapolation of the errors detected when testing a sample to the population from which the sample was drawn. Which parts of the speaking notes reflect a knowledge gap (error)? Explain with detail

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