Which of the following statements is true regarding the use of non-statistical sampling in auditing control tests?
Which of the following statements is true regarding the use of non-statistical sampling in auditing control tests?
Non-statistical sampling relies more on the auditor's judgment and may not require as much formal evidence as statistical sampling does. Statistical sampling quantifies sampling risk and relies on statistical measures to draw conclusions. Therefore, lesser evidence is required to support a conclusion than for statistical sampling.
Can someone explain the answer?
Option C is the least false of the 4 statements. All sampling methods (statistical and non-statistical) require a judgment, even for the entire audited population. However, for non-statistical sampling methods, there is no use of statistical parameters (sampling risk, standard deviation, standard error, etc.) when projecting the results to the population.
The most accurate statement is: D. Lesser evidence is required to support a conclusion than for statistical sampling. Non-statistical sampling is generally less structured and formal than statistical sampling. It relies on the auditor's judgment and may require less evidence to support a conclusion compared to the more rigorous and structured approach of statistical sampling.
The most accurate statement is: D. Lesser evidence is required to support a conclusion than for statistical sampling. Non-statistical sampling is generally less structured and formal than statistical sampling. It relies on the auditor's judgment and may require less evidence to support a conclusion compared to the more rigorous and structured approach of statistical sampling.