For each of the following statements,indicate whether it is more closely related to attributes sampling or variables sampling by using the letters A (attributes)and V (variables).
____ 1.Used to allow the auditor to assess risk of material misstatement.
____ 2.Sampling risks include the risk of incorrect acceptance and risk of incorrect rejection.
____ 3.The population variability affects the sample size.
____ 4.The auditor's sample would include transactions or components comprising the account balance.
____ 5.Sampling risks include the risk of assessing control risk too high and the risk of assessing control risk too low.
____ 6.The auditor's sample would include potential applications of control policies and procedures.
____ 7.This type of sampling is influenced by the auditor's acceptable level of detection risk.

Question

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The Answer of For each of the following statements,indicate whether it is more closely related to attributes sampling or variables sampling by using the letters A (attributes)and V (variables).
____ 1.Used to allow the auditor to assess risk of material misstatement.
____ 2.Sampling risks include the risk of incorrect acceptance and risk of incorrect rejection.
____ 3.The population variability affects the sample size.
____ 4.The auditor's sample would include transactions or components comprising the account balance.
____ 5.Sampling risks include the risk of assessing control risk too high and the risk of assessing control risk too low.
____ 6.The auditor's sample would include potential applications of control policies and procedures.
____ 7.This type of sampling is influenced by the auditor's acceptable level of detection risk.

For Each of the Following Statements,indicate Whether It Is More