Which of the following is not a step the auditor needs to determine in designing sampling for substantive testing?
A)The audit objective.
B)The method of selecting a sample.
C)Expected misstatement conditions.
D)Control failure risk.

Question

Quizplus · Accepted Answer

While the control failure risk is an important consideration in designing sampling for tests of controls, it is not usually a consideration in designing sampling for substantive testing. The other three factors (audit objective, method of selecting a sample, and expected misstatement conditions) are important considerations in designing sampling for substantive testing.

Which of the Following Is Not a Step the Auditor