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An Advantage of Statistical Sampling Over Non-Statistical Sampling Is That

Question 20

Multiple Choice

An advantage of statistical sampling over non-statistical sampling is that statistical sampling helps an auditor to ________.


A) minimize the failure to detect errors and irregularities
B) eliminate the risk of non-sampling errors
C) reduce the level of audit risk and materiality to a relatively low amount
D) make a preliminary estimate of the appropriate sample size

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