Multiple Choice
Audit sampling in involved whenever an auditor:
A) examines 100% of the population.
B) makes an inference about a population characteristic based on a partial examination of that population.
C) performs tests of controls.
D) performs tests of details.
E) performs substantive tests.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: The <b>tainting percentage</b> must be computed in
Q43: In PPS sampling, the auditor chooses a
Q44: Nonstatistical sampling is most effective for larger
Q45: To calculate the<b> incremental allowance for sampling
Q46: When the sample results do not support
Q48: In PPS sampling:<br>A) every dollar in the
Q49: Which of the following conditions is indispensable
Q50: Which of the following sampling plans does
Q51: If the auditor expects no misstatements, PPS
Q52: The <b>sampling unit </b>in PPS sampling is