Which of the Following Observations About Discovery Sampling Is Accurate

Multiple Choice

Which of the following observations about discovery sampling is accurate?

A) Discovery sampling is one of the more difficult statistical sampling variations to understand.
B) After using discovery sampling, auditors can be certain that fraud does not exist in a population of checks.
C) Discovery sampling allows an auditor to generalize and make inferences from the population to the sample.
D) Auditors can quantify both the risk and samples until they have sufficient evidence that fraud does not likely exist.