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1 . A popular way to select a sample is _ _ _ _ _ _ _ _ . using random number generators asking the
A popular way to select a sample is
using random number generators
asking the internal auditors to select a sample
asking management to select the sample
to pick accounts with large balances, on the basis that inherent risk related to these accounts is higher
An auditor is attempting to determine the best sampling method for the audit population of a major client's accounts receivable. The auditor has noted that the client's accounts receivable accounts have a lot of missing data. Based on this finding, which of the following is accurate?
The auditor should request that the internal audit function audit all accounts receivables, and formally report their findings to the external auditors for inclusion in the audit report.
The auditor should consider using a traditional audit sampling technique due to accounts receivable having a lot of missing data.
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