An advantage of statistical sampling over nonstatistical sampling is that statistical sampling helps an auditor to a.
Question:
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.
c. Measure the sufficiency of the evidential matter obtained.
d. Minimize the failure to detect errors and fraud.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing And Assurance Services
ISBN: 9780073527086
7th Edition
Authors: William MessierSteven Glover
Question Posted: