Question: Auditors who prefer statistical sampling to non statistical sampling may do so because statistical sampling helps the auditor a. Measure the sufficiency of the evidential
Auditors who prefer statistical sampling to non statistical sampling may do so because statistical sampling helps the auditor
a. Measure the sufficiency of the evidential matter obtained.
b. Eliminate subjectivity in the evaluation of sampling results.
c. Reduce the level of tolerable error to a relatively low amount.
d. Minimize the failure to detect a material misstatement due to non sampling risk.
Step by Step Solution
★★★★★
3.48 Rating (145 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
The auditors who prefer statistical sampling to nonst... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
