Auditors can use statistical audit sampling _______.
A) to determine which clients to accept
B) to select a sample of items to test
C) as a means of testing the system of internal control
D) to determine which accounts should not be audited
Correct Answer:
Verified
Q68: Accounting estimates, by their nature _.
A)involve objective
Q69: The auditor is more likely to use
Q70: Once the final outcome of a transaction
Q71: Statistical sampling _.
A)should generally not be used
Q72: The auditor is likely to use audit
Q74: AU-C 540 Auditing Accounting Estimates, Including Fair
Q75: Financial statements include _.
A)a variety of items
Q76: In general, accounting estimates with a high
Q77: In general, an auditor is more likely
Q78: The extent of substantive procedures refers to
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