for selecting samples there seems to be some logic However, i am not aware of that can anyone please tell me what is the logic/formula under which a sample be selected.
It may be for Cash vouching, bank, journal, purchase or any other else.
26 June 2010
There are many ways of selecting samples. Easiest way may be: Total cash payments during the year (TOTAL) And some percentage of that (let it be 0.5 or 1 %) Then whatever amount comes to that %, below that amount let it go and that above %, vouch for that..
CAclubindia
