The concept of sampling risk _______.
A) is closely tied to the concept of non-statistical sampling risk
B) is a measure of whether the sample is unrepresentative or not
C) is a measure of whether the sample is representative or not
D) is rarely of concern to the auditor
Correct Answer:
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Q99: The population consists of _.
A)all accounts in
Q100: The amount of expected misstatement in the
Q101: An allowance for sampling risk is _.
A)an
Q102: What is the amount of estimated misstatement
Q103: Probability proportionate to size sampling _.
A)should only
Q105: When using PPS (probability proportionate to size)
Q106: The process of selecting a sample _.
A)should
Q107: Classical variables sampling is best described as:
A)A
Q108: A Logical Sampling Unit is defined as
Q109: Lower training cost is a major advantage
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