Question: Why do auditors often use a sampling approach to evidence gathering? Multiple Choice O Auditors are experts and do not need to look at much
Why do auditors often use a sampling approach to evidence gathering? Multiple Choice O Auditors are experts and do not need to look at much to know whether the financial statements are correct or not. O Auditors must balance the cost of the audit with the need for precision and for some types of evidence, computer data analytic approaches can't be used. O Auditors must limit their exposure to their auditee to maintain independence. The auditor's relationship with the auditee is generally adversarial, so the auditor will not have access to all of the financial information of O the company
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