Biology Forums - Study Force

An auditor using nonstatistical sampling cannot formally measure sampling error and therefore must subjectively consider the possibility that the true population misstatement exceeds a tolerable amount. Which of the following factors should be considered by the auditor in making this assessment?

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The dollar difference between the point estimate and tolerable misstatement	The extent to which items in the population have been audited 100 percent
Yes	Yes

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The dollar difference between the point estimate and tolerable misstatement	The extent to which items in the population have been audited 100 percent
No	No

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The dollar difference between the point estimate and tolerable misstatement	The extent to which items in the population have been audited 100 percent
Yes	No

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The dollar difference between the point estimate and tolerable misstatement	The extent to which items in the population have been audited 100 percent
No	Yes

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