Multiple Choice
Which of the following is not an advantage of non-statistical sampling?
A) it allows an auditor to measure sampling risk
B) it is lower cost than statistical sampling
C) it allows an auditor to select a sample that they believe is appropriate
D) it requires less staff training
Correct Answer:
Verified
Correct Answer:
Verified
Q24: Tolerable error is the minimum error an
Q25: When conducting an audit,statistical sampling involves<br>A)calculated selections
Q26: When testing controls,the tolerable error is:<br>A)the minimum
Q27: A range of sampling techniques are available
Q28: Explain the differences between the main objectives
Q30: An increase in the number of sampling
Q31: Projected error refers to the extrapolation of
Q32: An advantage of statistical sampling is that
Q33: Random selection involves:<br>A)the selection of a sample
Q34: Stratification is when an auditor selects a