Question: please answer Some auditors consider non-statistical sampling to be superior to statistical sampling because: Statistical sampling is only useful when the population to be tested
- please answer
- Some auditors consider non-statistical sampling to be superior to statistical sampling because:
- Statistical sampling is only useful when the population to be tested has many dissimilar items.
- Non-statistical sampling provides more precise estimates of error.
- Non-statistical sampling allows for more professional judgment.
- Statistical sampling is required for audits of publicly traded companies.
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