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npeelman npeelman
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7 years ago
One of the purposes of using statistical sampling is to quantify sampling risk. For which of the following audit tests would sampling risk be zero? The auditor
A) used monetary unit sampling to select a sample of payroll payments.
B) used attribute sampling to select a sample of shipping documents.
C) sent empty (zero balance) external confirmations to suppliers with large dollar balances.
D) sent external confirmations to all financial institutions used by the client.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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inthe80sinthe80s
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7 years ago
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npeelman Author
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6 years ago
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