Which of the following types of sampling applications can appropriately be used under generally accepted auditing standards?
A) Statistical sampling, yes; nonstatistical sampling, yes.
B) Statistical sampling, yes; nonstatistical sampling, no.
C) Statistical sampling, no; nonstatistical sampling, yes.
D) Statistical sampling, no; nonstatistical sampling, no.

Question

Quizplus · Accepted Answer

Generally accepted auditing standards allow both statistical and nonstatistical sampling methods to be used in auditing procedures, as long as they are appropriate for the specific objective and the sample is selected in an unbiased manner. Therefore, option A is the best choice as it correctly reflects generally accepted auditing standards.

Which of the Following Types of Sampling Applications Can Appropriately