Which of the following statements is not true with respect to nonstatistical sampling?a. It cannot be used in an audit conducted in accordance with generally accepted auditing standards.b. It considers a number of factors in determining the appropriate sample size.c. When using it, an individual makes some estimate of the characteristic of interest.d. It requires the use of judgment on the part of the individual performing the sampling application.
Which of the following statements is not true with respect to nonstatistical sampling?a. It cannot be used in an audit conducted in accordance with generally accepted auditing standards.b. It considers a number of factors in determining the appropriate sample size.c. When using it, an individual makes some estimate of the characteristic of interest.d. It requires the use of judgment on the part of the individual performing the sampling application.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following statements is not true with respect to nonstatistical sampling?
a. It cannot be used in an audit conducted in accordance with generally accepted auditing standards.
b. It considers a number of factors in determining the appropriate sample size.
c. When using it, an individual makes some estimate of the characteristic of interest.
d. It requires the use of judgment on the part of the individual performing the sampling application.
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