What is the primary objective of using stratified sampling in auditing?
A) To increase the confidence level at which a decision will be reached from the results of the sample selected.
B) To determine the occurrence rate for a given characteristic in the population being studied.
C) To decrease the effect of variance in the total population.
D) To determine the precision range of the sample selected.

Question

Quizplus · Accepted Answer

Stratified sampling is used to decrease the effect of variance in the total population by dividing it into subgroups (strata) that are more homogeneous, which can lead to more precise and reliable audit results.

What Is the Primary Objective of Using Stratified Sampling in Auditing