Multiple Choice
An auditor has taken a large sample from an audit population that is skewed in the sense that it contains a large number of small dollar balances.The auditor can conclude
A) the sampling distribution is not normal; therefore MUS sampling will more accurately define the nature of the population.
B) the sampling distribution is normal; therefore the confidence coefficient value can be used to evaluate the sample results.
C) the sampling distribution is not normal; thus attribute sampling is the only alternative statistical tool that can be appropriately used.
D) none of the other answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The purpose of audit sampling is to
Q3: Describe two advantages and two disadvantages of
Q7: A number of factors influence the sample
Q24: What is the primary objective of testing
Q25: Which of the following sample planning factors
Q27: Monetary-unit sampling should not be used if:<br>A)the
Q28: For monetary-unit sampling,a sampling interval of 400
Q34: An accounts receivable account balance is $500,000
Q35: Which one of the following statements is
Q39: When auditing accounts payable using classical variables