AUDIT SAMPLING

• 19) In practice, auditors do not know whether a sample

is representative, even after all testing is complete.
• A) True
• B) False
• Answer: A
• Terms: Representative sample
• Diff: Moderate
• Objective: LO 15-1
• AACSB: Reflective thinking skills
• 20) One way to control sampling risk is to increase
sample size.
• A) True
• B) False
• Answer: A
• Terms: Control sampling risk is with sample size
• Diff: Moderate
• Objective: LO 15-1
• AACSB: Reflective thinking skills
• 21) A sample of all items in a population will have a zero
sampling risk.
• A) True
• B) False
• Answer: A
• Terms: Sample of all items in a population will have zero
sampling risk
• Diff: Moderate
• Objective: LO 15-1
• AACSB: Reflective thinking skills
•