Question: An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to a. Eliminate the risk of nonsampling errors. b. Reduce

An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to

a. Eliminate the risk of nonsampling errors.

b. Reduce the level of audit risk and materiality to a relatively low amount.

c. Measure the sufficiency of the evidential matter obtained.

d. Minimize the failure to detect errors and fraud.

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