In an audit sampling application, an auditor
a. Performs procedures on all items in a balance and makes a conclusion about the entire balance.
b. Performs procedures on less than 100 percent of the items in a balance and formulates a conclusion about the entire balance.
c. Performs procedures on less than 100 percent of the items in a class of transactions to become familiar with the client’s accounting system.
d. Performs analytical procedures on the client’s unaudited financial statements when planning the audit