Multiple Choice
According to the auditing standards (AU 350 and ISA 530)
A) the auditor must document why he did not use statistical sampling
B) the auditor must document why he decided to use nonstatistical sampling
C) evidence gathered by nonstatistical sampling is more reliable than evidence gathered by statistical sampling
D) the auditor can choose to use either statistical or nonstatistical sampling
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Which of the following is an internal
Q8: The most important points to understand about
Q9: The auditor should consider which of the
Q10: Which of the following statements is a
Q10: Nonsampling risk includes<br>A)all aspects of audit risk
Q11: One of the limitations of a fixed
Q13: You have documented the internal control system
Q14: The auditor should consider which of the
Q16: If the sample deviation rate is lower
Q17: With nonstatistical sampling,sampling risk is controlled by<br>A)quantifying