Maria Lee, an Auditor, Uses Statistical Sampling to Test Control

Multiple Choice

Maria Lee, an auditor, uses statistical sampling to test control procedures. Why does Lee use this statistical sampling technique?

A) It reduces the use of judgment required by Lee because there are established numerical criteria for this type of testing.
B) It provides a means of measuring the sampling risk that results from examining only a part of the data.
C) It is specified by auditing standards.
D) It increases Lees' knowledge of the client's prescribed procedures and their limitations.