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An Advantage of Statistical Sampling Over Nonstatistical Sampling Is That

Question 580

Multiple Choice

An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to:


A) Eliminate the risk of nonsampling errors.
B) Reduce the level of audit risk and materiality to a relatively low amount.
C) Measure the sufficiency of the audit evidence obtained.
D) Minimize the failure to detect errors and fraud.

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