Posted: May 17th, 2017

When statistical sampling methods are used by the client in determining inventories, professional standards require that the auditor ascertain the following EXCEPT that the:

When statistical sampling methods are used by the client in determining inventories, professional standards require that the auditor ascertain the following EXCEPT that the:
sampling plan has statistical validity.
appropriate tests of transactions have been applied.
sampling plan has been properly applied.
results in terms of reliability are reasonable.