For which of the following audit tests would an auditor most likely use attributes sampling?
A)Making an independent estimate of the amount of a LIFO inventory.
B)Examining invoices in support of the valuation of fixed asset additions.
C)Selecting accounts receivable for confirmation of account balances.
D)Inspecting employee time cards for proper approval by supervisors.

Question

Quizplus · Accepted Answer

Attributes sampling is used to test the presence or absence of certain characteristics, such as proper approval on time cards, which is a compliance test.

For Which of the Following Audit Tests Would an Auditor