Answer:
Step-by-step explanation:
The sampling unit is the population item from which the auditor selects sample items. The major consideration in defining the sampling unit is making it consistent with the objectives of the audit tests. Thus, the definition of the population and the planned audit procedures usually dictate the appropriate sampling unit.
The sampling unit for verifying the existence of recorded sales would be the entries in the sales journal since this is the record the auditor wishes to validate.
The sampling unit for testing the possibility of omitted sales is the shipping document from which sales are recorded because the failure to bill a shipment is the exception condition of interest to the auditor.
42.052
place value and digits:
4 = tens
2 = ones
0 = tenths
5 = hundredths
2 = thousandths
5 is in the hundredths place. To find if you round up or down, look at the digit to the right (thousandths in this case). It is a 2, which is less than 5, so you round down.
42.052 rounded to the nearest hundredth is 42.05
hope this helps
So work it out as 0.25x4 =£1
Then 4-1=£3
£3 / 0.30 =10
10+4
So it is 14 days late
