When creating an audit program and designing audit procedures, _______.
A)an auditor also decides how to select appropriate items for testing
B)an auditor also decides how to select appropriate items for removal from the test sample
C)the auditors should defer sample selection to the internal auditors
D)the auditors should consider use of the cheapest statistical selection methods possible, to lower the cost of the audit

Question

Quizplus · Accepted Answer

When creating an audit program and designing audit procedures, the auditor decides how to select appropriate items for testing. This includes determining the sample size and selecting which items to test based on factors such as risk and materiality. It is important for the auditor to use professional judgment and select items that will provide sufficient evidence to support their conclusions. The auditor should also consider using statistical sampling methods when appropriate, but the selection method should not be solely based on cost.

When Creating an Audit Program and Designing Audit Procedures, _______