IIA-CIA-PART2 · Question #132
Which of the following sampling techniques is typically used when an internal auditor wants to test a large sample for fraud?
The correct answer is C. Discovery sampling. Discovery sampling is typically used when an internal auditor wants to test a large sample for fraud. This technique is particularly effective for identifying instances of fraud or other irregularities in a population. Discovery sampling is designed to detect at least one…
Question
Which of the following sampling techniques is typically used when an internal auditor wants to test a large sample for fraud?
Options
- AStratified sampling
- BHaphazard sampling
- CDiscovery sampling
- DProbability-proportional-to-size sampling
How the community answered
(27 responses)- B4% (1)
- C93% (25)
- D4% (1)
Explanation
Discovery sampling is typically used when an internal auditor wants to test a large sample for fraud. This technique is particularly effective for identifying instances of fraud or other irregularities in a population. Discovery sampling is designed to detect at least one occurrence of an attribute, such as fraud, within the sampled population if it exists. It is particularly useful when the occurrence rate of the fraud is expected to be low.
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