With nonstatistical sampling,sampling risk is controlled by
A) quantifying sampling risk to keep the risk to an acceptable number
B) quantifying control risk to keep the risk to an acceptable number
C) selecting smaller sample sizes
D) taking a random sample so the sample is representative of the population
E) evaluating sample results to consider control risk in the evaluation of the results
Correct Answer:
Verified
Q27: Statistical sampling and nonstatistical sampling refer
A)to the
Q28: A statistical sample includes
A)a random selection of
Q29: The auditor should consider which of the
Q30: The most important points to understand about
Q31: The auditor should consider which of the
Q33: The evidence requirement in the auditing standards
Q34: The more serious error of assessing control
Q35: The risk of assessing control risk too
Q36: According to the auditing standards (AU 350
Q37: Sampling risk
A)can be estimated when the auditor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents