Which of the Following Statements Best Describes Nonstatistical Sampling

question 15

Multiple Choice

Which of the following statements best describes nonstatistical sampling?

• A)Nonstatistical sampling does not allow the auditor to measure the exposure to sampling risk.
• B)Nonstatistical sampling only selects very large dollar items for examination.
• C)Nonstatistical sampling should be used only in situations in which the auditor anticipates issuing a qualified or adverse opinion on the client's financial statements.
• D)Nonstatistical sampling should be used when the auditor selects a substantive audit approach.

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Definitions:

Social Loafing

A phenomenon where individuals exert less effort when working in a group than when working alone.

Group Outcomes

The results or consequences of activities and dynamics within a team or collective.

Others' Efforts

The contribution and hard work of other people which can impact an individual's motivation and performance.

Group Decision-Making

The process of making choices or solving problems as a group, rather than by an individual.