A representative audit sample _______.
A)is likely to provide a reasonable basis for drawing a conclusion about an entire population
B)is unlikely to provide a reasonable basis for drawing a conclusion about an entire population
C)should be agreed upon by management and the auditor
D)should not involve the auditor

Question

Quizplus · Accepted Answer

A representative audit sample is designed to provide a reasonable basis for drawing a conclusion about an entire population. This means that a properly chosen audit sample should accurately represent the characteristics of the entire population being audited. Therefore, Choice A is the correct answer. Choice B is incorrect because a representative sample is specifically designed to provide a basis for drawing conclusions about an entire population. Choice C is incorrect because while management may provide input on the selection of a sample, it is ultimately the auditor's responsibility to choose a representative sample. Choice D is also incorrect because the auditor is responsible for selecting a representative audit sample.

A Representative Audit Sample _______