When the auditor intends to evaluate a sample statistically, the only acceptable selection method is:
A) probabilistic selection.
B) block sample selection.
C) judgemental selection.
D) haphazard selection.

Question

Quizplus · Accepted Answer

When the auditor intends to evaluate a sample statistically, the only acceptable selection method is probabilistic selection. This method involves selecting items randomly from a population, which ensures that each item has an equal chance of being selected. This helps in reducing the risk of bias and ensures that the sample is representative of the population. Block sample selection involves dividing the population into blocks and selecting items from each block, which may not be random and could introduce bias. Judgemental selection involves selecting items based on the auditor's judgement, which could also introduce bias. Haphazard selection involves selecting items randomly but without a structured process, which could lead to bias if the auditor has any unconscious preferences. Hence, the only acceptable selection method for statistical sampling is probabilistic selection.

When the Auditor Intends to Evaluate a Sample Statistically, the Only