Which of the following audit procedures is NOT typically used in audit sampling applications?
A)Observation of personnel and procedures.
B)Physical count of tangible assets.
C)Recalculation.
D)Confirmation.

Question

Quizplus · Accepted Answer

Observation of personnel and procedures is not typically used in audit sampling applications because audit sampling involves the selection and evaluation of a sample from a population to make a conclusion about that population. Observation is more about assessing the process or controls in place rather than evaluating the accuracy or existence of recorded amounts or transactions.

Which of the Following Audit Procedures Is NOT Typically Used