A statistical sample _______.
A)should be picked carefully to ensure certain clients are audited
B)should be selected by senior management
C)should be selected randomly so it is the auditor's best estimate of a representative sample
D)should be selected randomly so it is management's best estimate of a representative sample

Question

Quizplus · Accepted Answer

A statistical sample should be selected randomly so that it is the auditor's best estimate of a representative sample. This helps ensure that the sample is unbiased and that the results can be generalized to the entire population. Picking a sample based on certain clients or relying on management's estimation can introduce bias and affect the reliability of the audit. Senior management may be involved in setting the overall audit objectives and scope, but the selection of the sample should be left to the auditor's professional judgment.

A Statistical Sample _______