An advantage of using statistical over non-statistical sampling methods in tests of controls is that the statistical methods:
A) provide an objective basis for quantitatively evaluating sampling risk.
B) afford greater assurance than a non-statistical sample of equal size.
C) eliminate the need to use judgment in determining appropriate sample sizes.
D) can more easily convert the sample into a dual-purpose test useful for substantive testing.

Question

Quizplus · Accepted Answer

Statistical sampling methods provide an objective basis for quantitatively evaluating sampling risk, which is not possible with non-statistical sampling methods. Such methods use mathematical formulas to ensure a random and representative sample, eliminating the need for judgmental inputs. Additionally, statistical sampling methods can convert the sample into a dual-purpose test useful for substantive testing, but this is not their primary advantage over non-statistical methods.

An Advantage of Using Statistical Over Non-Statistical Sampling Methods in Tests