Which of the Following Is Not True with Respect to the Use

question 65

Multiple Choice

Which of the following is not true with respect to the use of nonstatistical sampling?

• A)The use of nonstatistical sampling generally results in a smaller sample size.
• B)The use of nonstatistical sampling is permissible under generally accepted auditing standards.
• C)Auditors may use block and haphazard selection methods when using nonstatistical sampling.
• D)The use of nonstatistical sampling does not permit the auditor to control exposure to the risk of overreliance.

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Definitions:

Breach of Warranty

The failure to fulfill the terms of a promise or claim made about the quality or condition of a product or service.

Damages

Financial compensation that is ordered to be paid as a remedy for loss or injury.

Plaintiff

The party initiating a lawsuit, alleging harm caused by the defendant and seeking legal remedy.

Defendant

The individual or group that the legal action is brought against in a court setting.