Variablestimation sampling is used:
A) when the auditor does not expect any errors in an account balance.
B) to obtain a level of confidence that key attributes for the sample tested can be inferred to be in existence for the entire population.
C) when the auditor conducts tests of controls.
D) if the auditor expects more than a few errors in an account balance.

Question

Quizplus · Accepted Answer

Variablestimation sampling is used when the auditor expects more than a few errors in an account balance, as it helps in estimating the total amount of misstatement in a population.

Variablestimation Sampling Is Used