The only thing(s) that must change when the auditor moves from statistical sampling to nonstatistical sampling is (are)
A) the sample testing method
B) the way the auditor evaluates the sample results
C) the sample evaluation method
D) the way the auditor obtains the sample results
E) the sample selection method
Correct Answer:
Verified
Q25: Sampling methods for substantive samples include
A)skip random
Q26: Nonsampling risk includes
A)all aspects of audit risk
Q27: The auditor must define the sampling unit
Q28: Tolerable misstatement is defined as
A)the level of
Q29: Auditors control nonsampling risk by
A)quantifying the risk
B)planning
Q31: If the auditor has a choice of
Q32: The auditor gathers evidence about whether balance
Q33: Sampling methods for substantive samples include
A)skip random
Q34: Expected misstatement is defined as
A)the level of
Q35: If the auditor has a choice of
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