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Exam IIA-CIA-Part1 topic 6 question 61 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 61
Topic #: 6
[All IIA-CIA-Part1 Questions]

An internal auditor wants to sample data to test an audit theory in a cost-effective way. Which of the following sampling strategies should she use?

  • A. Statistical sampling only
  • B. Nonstatistical sampling only
  • C. A combination of both statistical and nonstatistical sampling.
  • D. Neither approach to testing the audit theory would be cost effective.
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Suggested Answer: B 🗳️
by umlaww1987 at Nov. 21, 2024, 8:30 a.m.

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Kozy
1 month ago
Selected Answer: C
C. A combination of both statistical and nonstatistical sampling. Explanation: Using a combination of statistical and nonstatistical sampling can optimize cost-effectiveness and audit coverage by leveraging the strengths of both approaches—statistical sampling provides quantifiable confidence, while nonstatistical sampling offers flexibility and judgment.
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umlaww1987
8 months, 2 weeks ago
How about c?
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