A sampling plan in which an initial sample is selected and the audit team either draws a final conclusion or selects additional items before drawing a final conclusion is called
A) attributes sampling.
B) discovery sampling.
C) sequential sampling.
D) statistical sampling.

Question

Quizplus · Accepted Answer

The sampling plan described in the question is sequential sampling, as the audit team draws additional items before making a final conclusion. Attributes sampling involves testing a population for a specific characteristic, while discovery sampling is used when no prior knowledge exists about the population. Statistical sampling is a broad term that encompasses various sampling techniques based on statistical principles.

A Sampling Plan in Which an Initial Sample Is Selected