Posted: May 24th, 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:
A. sampling plan has statistical validity.
B. appropriate tests of transactions have been applied.
C. results in terms of reliability are reasonable.
D. sampling plan has been properly applied.
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