Multiple Choice
Which of the following best describes the distinguishing feature of statistical sampling compared with non-statistical sampling?
A) It provides a means for measuring mathematically the degree of uncertainty that results from examining only part of a population.
B) It requires the examination of a smaller number of supporting documents.
C) It is evaluated in terms of two parameters: statistical mean and random selection.
D) It reduces the problems associated with the auditor's judgment concerning materiality.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: An auditor uses sampling tables to determine
Q6: The auditor has decided to use systematic
Q7: If the size of the sample to
Q8: If an auditor is evaluating a sample
Q9: In dollar-unit sampling, population size is:<br>A) the
Q11: Using statistical sampling to assist in verifying
Q12: Using statistical sampling to assist in verifying
Q13: The auditor has decided to use systematic
Q14: When planning a sample for a substantive
Q15: An auditor is planning the confirmation of