WorksheetsSampling recap
Total questions: 10
Worksheet time: 7mins
True of False
Sampling is performed during the performing stage of audit, in control effectiveness testing and substantive testing.
True
False
(a) is when the auditor applies an audit procedure to less than 100% of items within a population and all items have a chance of selection to provide the auditor a reasonable basis to draw conclusions of the entire population.
(Please answer in ALL CAPS)
Which sampling method uses sampling interval which is computed as the number or amount of units in the population divided by the sample size?
(Please answer in ALL CAPS)
(a)
Which among the following statements is TRUE on non- sampling risk?
a. Non sampling risk cannot be measured.
b. It can be reduced to an acceptable level by adequate planning and supervision of audit work
c. All of the above
When is audit sampling typically performed during the audit process?
a. Only during the planning stage
b. Only during the reporting stage
c. During the performing stage, in control effectiveness testing and substantive testing
Which of the following is a key factor in reducing non-sampling risk?
a. Increasing the sample size
b. Adequate planning and supervision of audit work
c. Ignoring non-sampling risk altogether
You survey 10 students from every lecture hall in the THUTO building on campus, which sample selection method are you using?
Convenience
Systematic
Stratified
Simple Random
The group of transactions, balances or events being surveyed
the university
Identify the population:
Identify the population:A researcher is conducting a study on the eating habits of UP students. He randomly selected 100 students from the student directory and surveyed them about their dietary preferences.
All UP students
All reseachers
100 UP students
A name list of all UP students
Identify the sampling unit:
A researcher is conducting a study on the eating habits of UP students. He randomly selected 100 students from the student directory and surveyed them about their dietary preferences.
All UP students
a UP student
100 UP students
A name list of all UP students
