Which of the Following Is an Accurate Statement Regarding Sampling

question 56

Multiple Choice

Which of the following is an accurate statement regarding sampling?

• A) A 95 percent confidence level provides a 5 percent sampling risk.
• B) The auditor can perform the audit tests only after the sample items are selected.
• C) The purpose of planning the sample is to make sure that the audit tests are performed in a manner that provides the desired sampling risk and minimizes the likelihood of nonsampling errors.
• D) All of the above are accurate statements.