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The use of audit sampling _______. A. is prohibited by the AICPA B. is mandatory for...

The use of audit sampling _______.

A. is prohibited by the AICPA

B. is mandatory for all publicly-traded companies

C. may be a function of the efficiency and effectiveness of the audit procedure

D. may be a function of the efficiency and effectiveness of the internal auditors

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Answer #1

Solution:

The use of audit sampling may be a function of the efficiency and effectiveness of the audit procedure.

Hence option C is correct.

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