While Auditors May Use Either Statistical or Nonstatistical Sampling,some Auditors

question 76

Multiple Choice

While auditors may use either statistical or nonstatistical sampling,some auditors restrict the use of nonstatistical sampling for what reason?

• A)It is less effective.
• B)It is less objective.
• C)It is less efficient.
• D)It is less risky.

---

Definitions:

Luxury Automobiles

High-end vehicles that offer superior comfort, performance, and amenities, often characterized by their higher price points and status symbol.

Franchised Specialty Goods

Retail products sold through outlets operating under a franchise agreement, often focusing on a niche market.

Rack Jobber

A company or individual who provides and stocks merchandise in stores, typically in specialty areas, and shares profits with the retailer or pays for shelf space.

Limited-Function Merchant Wholesaler

A wholesaler that offers a narrower range of services than full-service wholesalers, typically specializing in only certain kinds of products or functions.