What is the resulting condition when an audit population is sufficiently small?
A) It is feasible to audit the entire population.
B) It is more efficient to select a sample of population.
C) Auditing the entire population may not give correct results.
D) Randomly selecting a sample representative of the entire population would help.
Correct Answer:
Verified
Q39: AS 2315 and AU-C 530 on Audit
Q40: The auditor's conclusion based on the sample
Q41: With regard to statistical sampling, _.
A)sample size
Q42: When sampling, the risk always exists _.
A)that
Q43: Sometimes an audit population may be sufficiently
Q45: When a customer fails to reply to
Q46: Non-sampling risk is typically controlled by _.
A)the
Q47: In non-statistical sampling, _.
A)the auditor determines sample
Q48: A statistical sample _.
A)should be picked carefully
Q49: What is sampling risk?
A)The risk that the
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