In analysis of the results of audit sampling,an auditor may determine that the sample size must be increased.

Question

Quizplus · Accepted Answer

If the results of an audit sampling indicate a higher risk of errors or fraud, the auditor may decide to increase the sample size to obtain more reliable and representative evidence. This can help reduce the risk of incorrect conclusions, increase the precision of estimates, and provide a higher level of confidence in the audit results. Therefore, it is true that an auditor may determine that the sample size must be increased during the analysis of the results of audit sampling.

In Analysis of the Results of Audit Sampling,an Auditor May