Which of the following is the audit team's primary objective in selecting an attributes sampling selection method?
A)To provide a high probability of selecting at least one item containing a deviation.
B)To select a sample that is representative of the population from which it is drawn.
C)To select controls applied to larger dollar transactions for examination.
D)To select controls applied to transactions that are more likely to contain deviations.

Question

Quizplus · Accepted Answer

The audit team's primary objective in selecting an attributes sampling selection method is to select a sample that is representative of the population from which it is drawn. This will enable the auditor to draw conclusions about the entire population based on the sample selected. Option A is incorrect as the primary objective is not to ensure selecting at least one item with deviation, rather the objective is to select the sample that is representative of the population. Option C and D are incorrect as this is not the primary objective of selecting attributes sampling selection method.

Which of the Following Is the Audit Team's Primary Objective