An Advantage of Statistical Sampling _______

Multiple Choice

An advantage of statistical sampling _______.

A) is that it allows an auditor to measure control risk, that is, the risk that the sample chosen by the auditor is not representative
B) is that it allows an auditor to measure sampling risk, that is, the risk that the sample chosen by the auditor is not representative
C) is that it allows an auditor to measure inherent risk, that is, the risk that the sample chosen by the auditor is not representative
D) is that it is cheaper to perform, resulting in lower audit fees for the client