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KNOWLEDGE CHECK

Government financial statement audit
Sampling

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* Which is TRUE with respect to audit sampling in a governmental audit?

Every governmental audit must include audit sampling.

Sample sizes in governmental audits should generally be smaller than in non-governmental audits.

Sampling is one of several methods an auditor may use in a governmental audit to obtain evidence on which to base the opinion on each opinion unit.

A representative sample will provide a governmental auditor with absolute assurance about the composition of the population.

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KNOWLEDGE CHECK

Government financial statement audit Sampling

Government financial statement audit Sampling

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Government financial statement audit
Sampling

Government financial statement audit
Sampling