All audits involve sampling because the auditor cannot examine all of the transactions during a period.

Question

Quizplus · Accepted Answer

Audits typically involve sampling because it is impractical and often impossible for auditors to examine every single transaction due to the vast number of transactions that can occur in an organization over a period. Sampling allows auditors to make conclusions about the entire dataset based on the examination of a subset of transactions.

All Audits Involve Sampling Because the Auditor Cannot Examine All