Multiple Choice
Which of the following statements is correct regarding nonstatistical sampling?
A) Nonstatistical sampling must use random selection techniques.
B) The sample size when using nonstatistical sampling methods is generally not comparable to that determined using statistical sampling methods.
C) Nonstatistical sampling does not use a formal process to mathematically estimate the allowance for sampling risk.
D) When using nonstatistical sampling,the audit team is not required to select a sample that is representative of the population.
Correct Answer:
Verified
Correct Answer:
Verified
Q66: If the audit team established a tolerable
Q67: When an auditor increases the assessed level
Q68: The audit team is planning to examine
Q69: As a result of tests of controls,an
Q70: Using the appropriate sampling tables,identify the
Q72: The AICPA has developed sample size tables
Q73: For which of the following audit tests
Q74: In evaluating this sample,the auditor decided to
Q75: The allowance for sampling risk was:<br>A)5.5%.<br>B)4.5%.<br>C)3.5%.<br>D)1%.
Q76: In order for the auditor to decide