Which of the following statements is not correct?Select one:a.It is acceptable for auditor to use statistical sampling methods.b.It is acceptable for auditor to use non-statistical sampling methods.c.The primary benefit of statistical sampling methods is the quantification of sampling risk.d.An advantage of using statistical sampling is that the cost/benefit ratio is always positive.

Which of the following is NOT a reason for sampling?Question 11Select one:a.The physical impossibility of checking all the items in the population.b.The destructive nature of certain tests.c.The adequacy of sample results.d.All of these are reasons for sampling.

Which of the following is true about sampling and non-sampling risks?Select one:a.Non-sampling risk can be eliminated by proper engagement planning, supervision, and review.b.Non-sampling risk arises from the possibility that the auditor's conclusion, based on a sample may be different from the conclusion reached if the entire population were subjected to the same audit procedure.c.Sampling risk can be reduced by increasing sample size.d.Sampling risk cannot be eliminated.

Identify the benefits of convenience sampling. Select all that apply.The survey is easy to perform.The survey sample is biased.The sample is representative of the population.The cost and time are low.The ability to gather useful data is high.

A) Discuss two types of each of probability and non-probability sampling that is used in research (4 pts).B) When is each method an appropriate choice of data collection? (4 pts)C) Discuss the difficulties of each method. (2 pts)

Which of the following sampling methods have LOWER external validity?Group of answer choicesprobability samplingnon-probability samplingrepresentative samplingunbiased sampling