Multiple Choice
What is one of the primary benefits of stratifying a population?
A) It allows different types of audit procedures to be performed on large and small transactions or components.
B) It allows the auditor to have a higher likelihood of reaching a favorable conclusion with respect to the client's financial statements.
C) It allows the auditor to reduce the necessary sample size.
D) It reduces the auditor's exposure to nonsampling risk.
Correct Answer:
Verified
Correct Answer:
Verified
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