An Advantage of Statistical Sampling _______

question 131

Multiple Choice

An advantage of statistical sampling _______.

• A)is that it allows an auditor to measure control risk, that is, the risk that the sample chosen by the auditor is not representative
• B)is that it allows an auditor to measure sampling risk, that is, the risk that the sample chosen by the auditor is not representative
• C)is that it allows an auditor to measure inherent risk, that is, the risk that the sample chosen by the auditor is not representative
• D)is that it is cheaper to perform, resulting in lower audit fees for the client

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Definitions:

Mites

Small arachnids that are often parasitic, affecting plants, animals, and humans.

Named

Specifically identified or given a particular title or name.

Shape

The external form, contours, or outline of someone or something.

Doorknob

A handle used for opening or closing a door.