Memo Report:

500 words
due on 7 of june 11am
i attached file call “Marking Rubric”,marks are given according to the sheet by the lecture.
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Combine and discuss the following issues into a single coherent memo: 1) Audit risk is a key consideration and guide to planning an audit – explain why? 2) List the key components of the Audit Risk Model (ARM) and discuss how they interact? 3) How can well-structured or judicious statistical sampling assist with estimating the components of the Audit Risk Model and/or resolve an unsatisfactory outcome of that model? and 4) Discuss the differences between random sampling, haphazard sampling, and judgement sampling and how those differences might affect the discussion in part 3 (above).