Which of the following does NOT accurately describe statistical sampling? involves random sampling costs less than non-statistical
Question:
Which of the following does NOT accurately describe statistical sampling?
involves random sampling
costs less than non-statistical sampling
uses probability theory to determine sample size
uses probability theory to evaluate the results
7-Which of the following results in the auditor performing an inefficient audit?
auditor concludes the internal controls are effective when they are ineffective
auditor concludes the internal controls are effective when they are actually effective
auditor concludes the internal controls are ineffective when they are effective
auditor concludes the internal controls are ineffective when they are actually ineffective
8-If an auditor inspects the title deeds to verify the client owns the property, the auditor is gathering evidence related to the assertion of
rights and obligations.
existence.
completeness.
classification.
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg