Audit sampling in involved whenever an auditor:
A) examines 100% of the population.
B) makes an inference about a population characteristic based on a partial examination of that population.
C) performs tests of controls.
D) performs tests of details.
E) performs substantive tests.

Question

Quizplus · Accepted Answer

Audit sampling involves making an inference about a population characteristic based on a partial examination of that population. This means the auditor does not examine 100% of the items but selects a sample for testing to draw conclusions about the entire population.

Audit Sampling in Involved Whenever an Auditor