An audit team would be most likely to use attributes sampling in which of the following situations?
A)Performing analytical procedures during the planning stages of the audit.
B)Evaluating management's integrity during the client acceptance process.
C)Determining the effectiveness of the audit committee in evaluating the entity's control environment.
D)Examining purchase requisitions for proper authorization.

Question

Quizplus · Accepted Answer

Attributes sampling is a statistical method used to estimate the proportion of a population that has a specific characteristic. It is commonly used in auditing to test the compliance of a population with a specific control or regulation. In this case, examining purchase requisitions for proper authorization is a situation where an audit team would use attributes sampling to test whether the proper authorization has been obtained for each purchase requisition.

An Audit Team Would Be Most Likely to Use Attributes