Multiple Choice
An auditor is examining an important internal control in his audit of ABC Company.Because the account balance affected by this control is highly susceptible to fraud,she will reject the sample if even one deviation is discovered.What type of sampling plan should she use
A) Attributes sampling.
B) Discovery sampling.
C) Sequential sampling.
D) Statistical sampling.
Correct Answer:

Verified
Correct Answer:
Verified
Q26: Assume that the audit team established a
Q27: The ultimate purpose of control risk assessment
Q28: The upper limit rate of deviation in
Q29: Based on relationships among these factors,identify
Q30: The procedures for statistical evaluation of tests
Q32: Which of the following statements is true
Q33: The risk of underreliance is the probability
Q34: Which of the following deviations would probably
Q35: The audit team is planning to examine
Q36: Which of the following is not a