One of the ways to reduce sampling risk is to
A)use an appropriate method of selecting sample items from the population.
B)carefully design the audit procedures to be used.
C)provide proper supervision and instruction of the audit team.
D)use variables sampling rather than attribute sampling.

Question

Quizplus · Accepted Answer

Using an appropriate method of selecting sample items from the population helps to reduce sampling risk. This means selecting a sample that is representative of the population and using a sampling method that avoids bias and ensures randomness. By doing so, the auditor can have greater confidence in the conclusions drawn from the sample and reduce the risk of reaching incorrect conclusions about the population. While the other options can also help to reduce audit risk, selecting an appropriate sampling method is the most directly related to reducing sampling risk.

One of the Ways to Reduce Sampling Risk Is to