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Author Question: The most commonly used method of statistical sampling for tests of details of balances is (Read 37 times)

shanell

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on: Aug 21, 2022

Question 1

The auditor must consider the possibility that the true population misstatement is greater than the amount of misstatement that is tolerable when the auditor is performing
◦
Nonstatistical samplingMonetary unit sampling
YesYes

◦
Nonstatistical samplingMonetary unit sampling
NoNo

◦
Nonstatistical samplingMonetary unit sampling
YesNo

◦
Nonstatistical samplingMonetary unit sampling
NoYes


Question 2

The most commonly used method of statistical sampling for tests of details of balances is
◦ attributes sampling.
◦ systematic sampling.
◦ discovery sampling.
◦ monetary unit sampling.
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Marked as best answer by shanell on Aug 21, 2022

Jaclyn92G6

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Reply #1 on: Aug 21, 2022
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shanell

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

daiying98

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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