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

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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 audit risk and materiality to a relatively low level.

c. Measure the sufficiency of the evidential matter obtained.

d. Minimize the failure to detect errors and fraud.

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Auditing And Assurance Services

ISBN: 9780073527086

7th Edition

Authors: William MessierSteven Glover

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Question Posted: May 05, 2024 05:01 AM

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

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The correct answer is c Measure the sufficiency of the evidential matter obtained One advantage of s...View the full answer

Auditing And Assurance Services

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