Summitt,CPA,performed a nonstatistical sampling plan to examine the inventory balances of Hero,Inc.Which of the following methods of sample selection are available to her?
A)Random and systematic only.
B)Block and haphazard only.
C)Any method she believes will result in a representative sample.
D)Any method where the results can be probabilistically estimated.

Question

Quizplus · Accepted Answer

In nonstatistical sampling, the auditor can use any method they believe will result in a representative sample, as it does not require probabilistic estimation.

Summitt,CPA,performed a Nonstatistical Sampling Plan to Examine the Inventory Balances