Question: List and explain the advantages of applying statistical sampling techniques to audit testing and List and discuss the decisions involving professional judgment that must be

List and explain the advantages of applying statistical sampling techniques to audit testing and List and discuss the decisions involving professional judgment that must be made by CPAs in applying statistical sampling techniques to tests of controls?

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a Advantages of Statistical Sampling in Audit Testing 1 Objectivity Statistical sampling reduces the potential for bias in selecting items for testing Random or systematic sampling methods help ensure ... View full answer

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