Non-sampling risk is the risk that _______.
A) an auditor arrives at an inappropriate conclusion for a reason unrelated to sampling issues
B) an auditor arrives at an inappropriate conclusion for a reason related to sampling issues
C) the auditor inadvertently does not include any sampling procedures in the audit
D) the audit firm does not send sample questionnaires to management related to certain note disclosures
Correct Answer:
Verified
Q47: In non-statistical sampling, _.
A)the auditor determines sample
Q48: A statistical sample _.
A)should be picked carefully
Q49: What is sampling risk?
A)The risk that the
Q50: What is risk of incorrect acceptance?
A)The risk
Q51: Which of the following refers to the
Q53: In which of the following circumstances must
Q54: Sampling risk is _.
A)the same thing as
Q55: Risk of incorrect rejection is defined as
Q56: The risk accepted by the auditor with
Q57: An advantage of statistical sampling _.
A)is that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents