Multiple Choice
At the outset of substantive testing, the auditor needs to _______.
A) determine the population being tested
B) the assertion or assertions being tested
C) if the auditor is trying to estimate the total dollar value of the population, or the total amount of misstatement that might exist in the population
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q50: The choice of using audit sampling vs.audit
Q51: Sometimes an audit population may be sufficiently
Q52: Probability proportionate to size sampling _.<br>A)should only
Q53: The ultimate purpose of a substantive test
Q54: In _ the auditor estimates the audited
Q56: The population consists of _.<br>A)all accounts in
Q57: Risk of incorrect rejection is defined as
Q58: Audit sampling is when _.<br>A)the auditor selects
Q59: When performing a substantive test, _.<br>A)the population
Q60: Classical variables sampling uses _.<br>A)normal distribution theory<br>B)probability