Which of the following is an advantage of nonstatistical sampling?
A) It measures the audit team's exposure to sampling risk.
B) It is required by generally accepted auditing standards.
C) It ensures that samples are randomly selected.
D) It is typically less complex than statistical sampling.

Question

Quizplus · Accepted Answer

Nonstatistical sampling is typically less complex than statistical sampling, making it easier and less expensive to conduct. It is not an advantage of nonstatistical sampling to measure the audit team's exposure to sampling risk or to ensure that samples are randomly selected. While nonstatistical sampling may be acceptable under certain circumstances, it is not required by generally accepted auditing standards.

Which of the Following Is an Advantage of Nonstatistical Sampling