Define the term audit sampling


Problem

Audit sampling is used in conjunction with many audit tests, and may be performed on a statistical or nonstatistical basis.

a. Define the term audit sampling.

b. List and explain two advantages of the use of statistical sampling as compared to nonstatistical sampling.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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