The auditor is likely to use audit sampling in which of the following cases?
A) Evidence to support the audit test is not available in electronic form.
B) The audit population is relatively large.
C) Relevant data is not reliable.
D) Relevant data is in different formats.
Correct Answer:
Verified
Q67: If the risk of material misstatement is
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
Q73: Auditors can use statistical audit sampling _.
A)to
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
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