Question: Auditors who prefer statistical sampling to nonstatistical sampling may do so because statistical sampling helps the auditor: Multiple Choice measure the sufficiency of the evidential
Auditors who prefer statistical sampling to nonstatistical sampling may do so because statistical sampling helps the auditor:
Multiple Choice
measure the sufficiency of the evidential matter obtained.
eliminate the cost of training auditors in the proper use of sampling techniques.
reduce the level of tolerable misstatement to a relatively low amount.
minimize the failure to detect a material misstatement due to nonsampling risk.
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