If an auditor, planning to use statistical sampling, is concerned with the number of a client's sales invoices that contain mathematical errors, the auditor would most likely utilize which sampling technique?
A) Random sampling with replacement
B) Sampling for attributes
C) Ssampling for variables
D) Stratified random sampling

Question

Quizplus · Accepted Answer

Sampling for attributes is the most appropriate sampling technique when the objective is to test for the presence or absence of a specific characteristic or attribute, such as the occurrence of mathematical errors in sales invoices. This technique involves selecting a sample of items and determining whether or not they possess the attribute of interest. The results of the sample can then be extrapolated to the entire population to estimate the overall incidence of the attribute.

If an Auditor, Planning to Use Statistical Sampling, Is Concerned