An auditor uses sampling to determine the reasonableness of an account balance by performing detailed analysis of the selected items making up the account balance.
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Q4: Audit sampling is the application of an
Q8: The auditor must define the population to
Q11: When testing controls,the use of haphazard selection
Q12: The sample size decreases as the risk
Q13: Statistical sampling assists auditors in determining the
Q14: Increasing the expected failure rate will cause
Q16: The most efficient method of testing a
Q20: The most common statistical approaches for substantive
Q24: The population is a group of items
Q37: Sampling risk is defined as the risk
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