Sampling risk is
A) the risk that the sample is not large enough
B) the risk that the sample is not representative of the population
C) the risk that the sample contains too many errors
D) the risk that the sample does not contain enough errors
Correct Answer:
Verified
Q4: The more serious error of the errors
Q5: The auditor gathers evidence about whether balance
Q6: The auditor uses sampling for substantive tests
Q7: The items selected for examination are referred
Q8: Variables sampling is used to determine the
Q10: Sampling risk for substantive testing includes the
Q11: Audit risk is
A)the risk that material misstatements
Q12: Sample size requirements are usually determined by
Q13: Both statistical and nonstatistical samples require professional
Q14: We use evidence from the variables sample
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