
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 31
An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to
A) Eliminate the risk of nonsampling errors.
B) Reduce audit risk and materiality to a relatively low level.
C) Measure the sufficiency of the evidential matter obtained.
D) Minimize the failure to detect errors and fraud.
A) Eliminate the risk of nonsampling errors.
B) Reduce audit risk and materiality to a relatively low level.
C) Measure the sufficiency of the evidential matter obtained.
D) Minimize the failure to detect errors and fraud.
Explanation
Statistical sampling uses probability la...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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