Multiple Choice
Which of the following refers to the selection and evaluation of less than 100 percent of a population of audit relevance such that the auditor expects the items selected to be representative of the population?
A) Audit sampling
B) Audit data analysis
C) Statistical analysis
D) Haphazard sampling
Correct Answer:

Verified
Correct Answer:
Verified
Q110: An auditor is most likely to use
Q111: A Logical Sampling Unit is defined as
Q112: In some cases, it is feasible to
Q113: An important audit planning question involves _.<br>A)determining
Q114: If an auditor desires more precise estimates,
Q116: According to AU-C 530, Audit Sampling, statistical
Q117: What are the consequences of sampling risk?<br>A)The
Q118: Hannah McGregor is auditing the accounts receivable
Q119: The amount of expected misstatement in the
Q120: The concept of stratification relates to _.<br>A)only