CPA Auditing and Attestation (AUD) › Sampling
For which of the following audit tests would an auditor most likely use attribute sampling?
Stratification is defined as:
When conducting testing of various data areas during an audit, the auditor should uniformly use the same sample selection procedures for each testing unit.
“Non-sampling risk” is:
In the case of sampling risk:
While performing a test of details during an audit, an auditor determined that the sample results supported the conclusion that the recorded account balance was materially misstated. It was in fact not materially misstated. This situation illustrates the risk of: