Auditors Have a Variety of Sampling Approaches Available

Multiple Choice

Auditors have a variety of sampling approaches available.For each approach in the first column,identify the correct statement in the second column.Each statement may be used once,more than once,or not at all.
-Attributes sampling.

A) A method that is most effective in circumstances in which auditors expect a very low rate of occurrence of some critical deviation (e.g. ,a fraudulent cash disbursement) .
B) A classical method that uses both the audited and book values of items in the sample to obtain an estimated total audited value.
C) The most frequently used general method that arrives at an estimated deviation rate.
D) A method that defines the sampling unit as each individual dollar.
E) A classical variables sampling plan enabling the auditors to estimate the average dollar value (or other variable) of items in a population by determining the average value of items in a sample.