QUESTION $33$

Compared to non$-$statistical techniques, statistical sampling is advantageous because

it allows an auditor to measure sampling risk

it is cheaper to perform, resulting in lower audit fees for the client

it allows an auditor to measure inherent risk

it allows an auditor to measure control risk

QUESTION $34$

The decision to use audit sampling $$

should be left to the internal auditors

is a matter of determining which audit procedure will be most effective, and efficient in the circumstances

is a matter of determining which audit procedure will be most cost effective, and efficient in the circumstances

should be confirmed with senior management, before any procedures are undertaken