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Which statement about representative samples is true? Obtaining a representative sample is important in an audit because the auditor may otherwise draw incorrect conclusions about
Which statement about representative samples is true? Obtaining a representative sample is important in an audit because the auditor may otherwise draw incorrect conclusions about the population. When it comes to audit sampling, obtaining representative samples is important. A representative sample helps the auditor guarantee that there are no misstatements in the population Audit sampling works on the premise that a representative sample is obtained from the population. This helps the auditor to ensure that different samples are obtained which fully cover the population. The auditor needs to obtain a representative sample to be able to issue a clean audit opinion on the client's financial statements.
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