Multiple Choice
Which of the following is a factor that the auditor should consider when choosing between nonstatistical and statistical sampling?
A) Whether the audit staff is adequately trained to use statistical sampling.
B) Whether the population lends itself to a random-based selection method.
C) Whether the auditor wants a statistical measure of the risk of drawing a wrong conclusion.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q79: When performing attributes sampling,which of the following
Q80: Upper Misstatement Limit When evaluating the MUS
Q81: In using MUS,once the auditor has determined
Q82: When evaluating an MUS sample,if the auditor
Q83: Statistical sampling assists auditors in determining the
Q85: Which of the following statistical sampling methods
Q86: Either nonstatistical or statistical sampling is appropriate
Q87: When determining sample size in attributes sampling,which
Q88: Blockchain is a rapidly evolving phenomenon that
Q89: Extracting data from the client's computer system