Most auditors usually consider samples sufficient that contain only the largest dollar items from the population.

Question

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Most auditors do not consider samples sufficient that contain only the largest dollar items from the population. Auditors usually select a sample that is representative of the entire population, which would include items with varying dollar amounts. By selecting only the largest dollar items, the auditor may miss important items that have a lower dollar amount but could still be material to the financial statements.

Most Auditors Usually Consider Samples Sufficient That Contain Only the Largest