Which of the following does NOT accurately describe statistical sampling?

involves random sampling

costs less than non-statistical sampling

uses probability theory to determine sample size

uses probability theory to evaluate the results

7-Which of the following results in the auditor performing an inefficient audit?

auditor concludes the internal controls are effective when they are ineffective

auditor concludes the internal controls are effective when they are actually effective

auditor concludes the internal controls are ineffective when they are effective

auditor concludes the internal controls are ineffective when they are actually ineffective

8-If an auditor inspects the title deeds to verify the client owns the property, the auditor is gathering evidence related to the assertion of

rights and obligations.

existence.

completeness.

classification.