Audit Execution and Evidence CISA Practice Questions (Page 8)

Questions 36–40

1. 36foundation · easy

   If the projected error from a sample exceeds the tolerable error, what should the auditor do?

   • AConclude that the population is not materially misstated
   • BEvaluate the results and consider the need for additional procedures or a revised sample
   • CConclude that the population is materially misstated and request management to correct it
   • DIncrease the sample size and test additional items
   Reveal Solution Discussion Select an answer first
2. 37foundation · easy

   Which sampling technique involves dividing the population into subpopulations and selecting samples from each subpopulation?

   • ASystematic sampling
   • BStratified sampling
   • CHaphazard sampling
   • DRandom sampling
   Reveal Solution Discussion Select an answer first
4. 38foundation · easy

   Which sampling technique selects items at regular intervals, such as every 10th item, after a random starting point?

   • ARandom sampling
   • BHaphazard sampling
   • CStratified sampling
   • DSystematic sampling
   Reveal Solution Discussion Select an answer first
5. 39expert · hard

   An IS auditor is planning a statistical sample to test a control that is expected to have a low error rate. The auditor wants to minimize the sample size while maintaining a 95% confidence level. Which factor, if increased, would MOST likely allow a smaller sample size?

   • AThe tolerable error rate
   • BThe population size
   • CThe confidence level
   • DThe expected error rate
   Reveal Solution Discussion Select an answer first
6. 40foundation · easy

   What is the primary purpose of documenting audit evidence in working papers?

   • ATo replace the need for audit testing
   • BTo communicate with management about audit findings
   • CTo provide a basis for the audit report and support the auditor's conclusions
   • DTo provide a legal defense for the auditor
   Reveal Solution Discussion Select an answer first