The risk of incorrect acceptance of the account balance or class of transactions is an error that affects
A) the efficiency of the audit
B) the effectiveness of the audit
C) the reliability of the audit
D) the relevance of the audit
Correct Answer:
Verified
Q13: Both statistical and nonstatistical samples require professional
Q14: We use evidence from the variables sample
Q15: Sampling risk for substantive testing includes
A)the risk
Q16: Variables sampling is the application of an
Q17: The auditor believes that the characteristics of
Q19: For a statistical sample,sampling risk is determined
Q20: Any misstatements that are not corrected by
Q21: When the auditor uses systematic random sampling
Q22: The population for a substantive test of
Q23: The test objective for a substantive test
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