Multiple Choice
The only thing(s) that might change when the auditor moves from statistical sampling to nonstatistical sampling is (are)
A) the sample testing method
B) the way the auditor evaluates the sample results
C) the sample evaluation method
D) the way the auditor obtains the sample results
E) the sample selection method
F) both A and C
G) both B and E
H) both D and E
Correct Answer:
Verified
Correct Answer:
Verified
Q54: The desired level of assurance is defined
Q55: If the auditor has a choice of
Q56: Variables sampling is used to determine the
Q57: Auditors control nonsampling risk by<br>A)quantifying the risk<br>B)planning
Q58: Sampling would not be used to<br>A)recalculate<br>B)observe<br>C)confirm<br>D)perform analytical
Q60: The risk of incorrect acceptance of the
Q61: Any misstatements that are not corrected by
Q62: Tolerable misstatement is<br>A)a matter of professional judgment<br>B)the
Q63: With nonstatistical sampling,sampling risk is controlled by<br>A)quantifying
Q64: When the auditor uses systematic random sampling