An advantage of using statistical sampling techniques is that such techniques:
A)mathematically measure risk.
B)eliminate the need for judgmental decisions.
C)define the values of precision and reliability required to provide audit satisfaction.
D)have been established in the courts to be superior to judgmental sampling.

Question

Quizplus · Accepted Answer

Statistical sampling techniques allow auditors to mathematically measure the risk of sampling error, providing a quantifiable basis for making decisions about the sample results.

An Advantage of Using Statistical Sampling Techniques Is That Such