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.

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Distress

Negative stress that results from adverse situations or challenges, causing anxiety or discomfort.

Self-Reliance

Dependence on one's own efforts and abilities; the quality of not needing support, help, or approval from others.

Personality Hardiness

A trait characterized by resilience and the ability to endure stressful situations effectively.