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Sir these terms are very hard to understand in testing of some items like payable , Receivables etc.
Terms like;
Monetary units sampling
Random sampling
Systematic sampling
Haphazard samplingI have tried to understand them and there application in audit sampling tests but honestly I can’t grasp it could you pls simplified them?
Thank you sir .
Please read/reread the chapter in the notes which have been refreshed for S19. I cannot summarise topics on a post.
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