Which of the following types of sampling applications can appropriately be used under generally accepted auditing standards?
A)Statistical sampling: Yes; Nonstatistical sampling: Yes
B)Statistical sampling: Yes; Nonstatistical sampling: No
C)Statistical sampling: No; Nonstatistical sampling: Yes
D)Statistical sampling: No; Nonstatistical sampling: No

Question

Quizplus · Accepted Answer

Generally accepted auditing standards allow both statistical and nonstatistical sampling methods to be used in various sampling applications. Therefore, option A is the correct choice as it includes both options as acceptable under auditing standards.

Which of the Following Types of Sampling Applications Can Appropriately