Multiple Choice
Which of the following is an advantage of statistical sampling?
A) It permits a less rigid approach to unique audit problems.
B) It uses an evaluation method that allows evaluation of the sample on factors other than the sample evidence.
C) It permits auditors to use a computer to select a random sample.
D) It requires auditors to be exact in their judgements on risk and materiality.
Correct Answer:
Verified
Correct Answer:
Verified
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Q18: As a result of tests of controls,
Q20: When evaluating the results of substantive audit
Q22: Non-statistical sampling may be better to use
Q23: In a sample-based audit of an account
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