Audit sampling is when _______.
A)the auditor selects certain accounts to audit from the client's chart of accounts
B)an auditor selects the total population
C)an auditor selects less than 100% of a population
D)a client requests a sample of accounts be audited

Question

Quizplus · Accepted Answer

Audit sampling is the process of selecting less than 100% of a population (such as a sample of transactions, accounts, or items) in order to make inferences about the entire population. Option A is incorrect because chart of accounts is not related to audit sampling. Option B is incorrect because it refers to selecting the total population, which would not be considered sampling. Option D is incorrect because it is not the client's responsibility to request a sample; it is the auditor's responsibility to determine the appropriate sample size and selection.

Audit Sampling Is When _______