Multiple Choice
Joe Costa, an auditor, is planning tests of controls over cash receipts. There are 7000 receipts and he plans to vouch 30 picked haphazardly from the cash receipts journal for the period 1 January to 30 September 20X0. This audit approach may be described most precisely as:
A) statistical sampling.
B) non-statistical sampling.
C) a non-sampling technique called selective examination.
D) None of the given answers.
Correct Answer:
Verified
Correct Answer:
Verified
Q52: The auditor selects all items above $10
Q53: Audit sampling is the application of an
Q54: Which of the following is an audit
Q55: An auditor selects a sample of 50
Q56: When performing a test of controls with
Q58: If auditors conducting attribute sampling found that
Q59: Alicia Wong, an auditor, is planning confirmation
Q60: For dollar-unit sampling, the number of individual
Q61: When using a statistical sampling plan for
Q62: Auditors who prefer statistical to non-statistical sampling