When statistical sampling is used,the sample selected must be a probabilistic one.In addition,the auditor should
A)use the haphazard selection method to make sure that the sample is properly selected.
B)use appropriate statistical evaluation methods of nonsampling risk computations.
C)request the client to review the sample and approve all items that are selected.
D)use appropriate statistical evaluation methods of sampling risk computations.

Question

Quizplus · Accepted Answer

When statistical sampling is used, the auditor should use appropriate statistical evaluation methods of sampling risk computations to minimize the risk of incorrect conclusions. The haphazard selection method is not sufficient to ensure that the sample is properly selected. It is not necessary for the client to review and approve the sample, but the auditor should use appropriate methods to evaluate nonsampling risks. Therefore, option D is the best choice.

When Statistical Sampling Is Used,the Sample Selected Must Be a Probabilistic