Multiple Choice
According to AU-C 530, Audit Sampling, statistical sampling _______.
A) should only be conducted for public companies
B) is an approach to sampling that involves a random selection of sample items and the use of an appropriate statistical technique to determine sample size and evaluate sample results, including measurement of sampling risk
C) is an approach to sampling that involves a random selection of sample items and the use of an appropriate non-statistical technique to determine sample size and evaluate sample results, including measurement of sampling risk
D) should only be conducted for private companies
Correct Answer:
Verified
Correct Answer:
Verified
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