Question: 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

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

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