Why might an auditor use sampling?
A) Because testing and entire accounting system is impractical and unnecessary.
B) Because the client has not paid for full testing of the financial statements.
C) The auditor deems that there is no fraud in a certain area of the business.
D) The auditor deems that there is fraud in a certain area of a business.

Question

Quizplus · Accepted Answer

Auditors use sampling because testing the entire accounting system is impractical and unnecessary, and they can obtain reasonable assurance by examining a portion of the data.

Why Might an Auditor Use Sampling