Question
When the estimated population exception rate exceeds the sample exception rate, the auditor can conclude that the sample results do not support the preliminary assessed
When the estimated population exception rate exceeds the sample exception rate, the auditor can conclude that the sample results do not support the preliminary assessed control risk. True or False?
Which of the following statements is most correct with respect to the evaluation of nonprobabilistic sample results?
A.It is acceptable to make nonprobabilistic evaluations only when probabilistic sample selection is used.
B.It is never acceptable to evaluate a nonprobabilistic sample using statistical methods.
C.It is acceptable to make nonprobabilistic evaluations only if the auditor cannot quantify sampling risk.
D.All of the above are correct.
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