For which of the following audit procedure would sampling be most appropriate?
A) Inquiry
B) Observation
C) Confirmation
D) Analytics

Question

Quizplus · Accepted Answer

Sampling is most appropriate for confirmation procedures, where the auditor selects a sample of items and confirms them with external parties (such as customers or banks). This allows the auditor to obtain sufficient evidence while saving time and cost, as it is not necessary to confirm every single item. Sampling can also be used for analytics, but it is typically not as effective for inquiry or observation procedures.

For Which of the Following Audit Procedure Would Sampling Be