Multiple Choice
When conducting an audit,statistical sampling involves
A) calculated selections and probability to evaluate results
B) less staff and training,and is less costly than other sampling
C) random selection and probability to evaluate results
D) allows the auditor to select a sample they believe appropriate
Correct Answer:
Verified
Correct Answer:
Verified
Q20: When auditors conclude that an internal control
Q21: If the total projected error in an
Q22: The risk that the auditor concludes that
Q23: An account is at a higher risk
Q24: Tolerable error is the minimum error an
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
Q29: Which of the following is not an
Q30: An increase in the number of sampling