Statistical sampling _______.
A)should generally not be used for auditing engagements
B)is typically less complicated than non-statistical sampling
C)can be used in addition to testing specific items from a population
D)can be used instead of testing specific items from a population

Question

Quizplus · Accepted Answer

Statistical sampling can be used in addition to testing specific items from a population to provide a more comprehensive and efficient audit approach. It should not be used instead of testing specific items, as it may not provide sufficient coverage of the population. Statistical sampling can be more complex than non-statistical sampling, as it requires the use of statistical methods to ensure the sample is representative of the population.

Statistical Sampling _______