examining the entire population. 3. Some specialized auditing tools for external auditors include: a. Stratified sampling b. Monetary Unit sampling C. Data analytics d. All of the above; e. Only b and c above 4. When assessing control risks the auditors concern should be: a. Assessing the control risk too high b. Assessing the control risk too low C. Not obtaining evidence of controls I d. All of the above e. Only a and b above. 5. Auditors often utilize sampling methods when performing tests of controls. Which of the following sampling methods is most useful when testing controls? a. Attribute sampling b. Variable sampling C. Unrestricted random sampling with replacement d. Stratified random sampling e. None of the above 6. Which of the following best describes the distinguishing feature of statistical sampling? a. It provides for mathematically measuring the degree of uncertainty that results from examining only a part of the data. b. It allows the auditor the same degree of confidence as with non-statistical sampling but with substantially less work. It allows the auditor to substitute sampling techniques for audit judgment. d. It provides for measuring the actual misstatement in financial statement in terms of reliability and precision None of the above. c. e