Which of the following is an advantage of statistical sampling?
A) It permits a less rigid approach to unique audit problems.
B) It uses an evaluation method that allows evaluation of the sample on factors other than the sample evidence.
C) It permits auditors to use a computer to select a random sample.
D) It requires auditors to be exact in their judgements on risk and materiality.
Correct Answer:
Verified
Q18: Which description best illustrates sampling risk?
A) Applying
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Q27: As a result of tests of controls,
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Q31: In a sample-based audit of an account
Q32: The risk model is defined as AR
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Q33: Which of the following courses of action
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