Which of the following would not be a situation in which the auditor would apply attributes sampling?
A) Examining sales invoices for evidence that client personnel verified the mathematical accuracy of the invoices.
B) Performing price tests for items listed on the client's year-end inventory.
C) Ensuring that sales invoices are supported by a valid shipping document.
D) The auditor would apply attributes sampling in all of the above situations.

Question

Quizplus · Accepted Answer

Attributes sampling is used when the auditor needs to evaluate the rate of occurrence of a particular attribute or characteristic in a population, such as the rate of compliance with a control procedure or the accuracy of a specific transaction type. In contrast, price tests for items listed on the client's year-end inventory involve substantive testing to confirm the accuracy of the recorded inventory balances, which typically would be performed using substantive testing sampling methods. Therefore, option B would not be a situation where the auditor would apply attributes sampling.

Which of the Following Would Not Be a Situation in Which