Which of the Following Observations Is True About Discovery Sampling

question 24

Multiple Choice

Which of the following observations is true about discovery sampling?

• A)It is one of the more difficult statistical sampling variations to understand.
• B)Auditors using this method can always be certain that fraud does not exist in a population of checks.
• C)It allows an auditor to generalize and make inferences from the population to the sample.
• D)It deals with the probability of discovering at least one error in a given sample size if the population error rate is a certain percentage.

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