Auditors who prefer statistical sampling to nonstatistical sampling may do so because statistical sampling helps the auditor
A) Measure the sufficiency of the evidential matter obtained.
B) Eliminate subjectivity in the evaluation of sampling results.
C) Reduce the level of tolerable misstatement to a relatively low amount.
D) Minimize the failure to detect a material misstatement due to nonsampling risk.

Question

Quizplus · Accepted Answer

Statistical sampling allows auditors to quantify the sufficiency of the evidential matter obtained by providing a statistical basis for measuring the sample size and evaluating the results.

Auditors Who Prefer Statistical Sampling to Nonstatistical Sampling May Do