Which of the Following Best Describes the Distinguishing Feature of Statistical

Multiple Choice

Which of the following best describes the distinguishing feature of statistical sampling?

A) It requires the examination of a smaller number of supporting documents.
B) It permits the auditor to use the most efficient sample size and to quantify the sampling risk to reach a statistical conclusion about the population.
C) It reduces the problems associated with the auditor's judgment concerning materiality.
D) It is evaluated in terms of two parameters: statistical mean and random selection.