i. Unscientific. The approach does not form a strong basis of defense. It is difficult to justify why the auditor selected some items and left out others.
ii. Wasteful as large simples need to be selected. This is because in effort to reduce the sampling risk, the auditor attempts to select as many items as possible as opposed to statistical sampling where sample size is determined using probability theory.
iii. Samples may not be representative of the population and thus results cannot be projected to the population.
iv. There is danger of personal bias in selecting samples.
Wilfykil answered the question on April 11, 2019 at 14:03
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