One of the ways to reduce sampling risk is to:
A) provide proper supervision and instruction of the audit team.
B) carefully design the audit procedures to be used.
C) use variables sampling rather than attributes sampling.
D) use an appropriate method of selecting sample items from the population.

Question

Quizplus · Accepted Answer

Selecting an appropriate method for sampling ensures that the sample selected is representative of the population and reduces the risk of drawing a sample that does not provide sufficient evidence for the audit objectives. Factors such as sample size, method of selection, and sampling interval must be considered when selecting a sampling method. Carefully designing the audit procedures, providing proper supervision and instruction, and using variables sampling may reduce other risks associated with the audit, but they may not directly reduce sampling risk.

One of the Ways to Reduce Sampling Risk Is To