An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to a.

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An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to

a. Eliminate the risk of nonsampling errors.

b. Reduce audit risk and materiality to a relatively low level. Measure the sufficiency of the evidential matter obtained.

d. Minimize the failure to detect errors and fraud. lop85

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Auditing And Assurance Services A Systematic Approach

ISBN: 9780073337203

5th Edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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