(Answered) Question - audit sampling is used within the audit process

Accounting

Question - Audit sampling is used within the audit process to identify a selection (sample size) that adequately represents the characteristics of the population.

Post a response to the following questions:

What are the different types of sampling methods?

How does risk assessment impact the sample process and the sampling size?

What measures can be incorporated to ensure the sample is representative of the population?

Is sampling always the best approach in audit testing? Why or why not.

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