Which of the following is not true with respect to the use of statistical and nonstatistical sampling?
A)Statistical sampling allows the auditor to quantitatively measure the sufficiency of evidence gathered.
B)Statistical sampling does not require auditors to utilize extensive judgment during the sampling process.
C)Statistical sampling allows the auditor to make quantitative statements with respect to the results of the sampling procedures.
D)Both statistical and nonstatistical sampling are permissible under generally accepted auditing standards.

Question

Quizplus · Accepted Answer

Statistical sampling does require auditors to utilize judgment during the sampling process. While statistical sampling provides a framework for selecting samples that have a known probability of being representative, auditors must still exercise judgment in determining the appropriate sample size, selecting the specific items to be tested, and evaluating the results of the sampling.

Which of the Following Is Not True with Respect to the Use