Question: Most audit firms use _______. >statistical sampling only >neither statistical or non-statistical sampling >non-statistical sampling only >a combination of statistical and non-statistical sampling Using statistical
Most audit firms use _______. >statistical sampling only >neither statistical or non-statistical sampling >non-statistical sampling only >a combination of statistical and non-statistical sampling
Using statistical sampling _______. >typically decreases inherent risk >involves training in the use of non-statistical techniques and the professional judgments involved in planning and setting up the sample, as well as in evaluating sample results >typically increases inherent risk >involves training in the use of the statistical technique and the professional judgments involved in planning and setting up the sample, as well as in evaluating sample results
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