Auditors control nonsampling risk for nonstatistical sampling by
A) quantifying the risk
B) planning and supervising employees
C) performing analytical procedures
D) performing tests of controls
Correct Answer:
Verified
Q21: Sampling risk is
A)the risk that the sample
Q22: Sampling risk for tests of controls includes
A)the
Q24: The risk of assessing control risk too
Q26: Nonsampling risk includes
A)all aspects of audit risk
Q27: Statistical sampling and nonstatistical sampling refer
A)to the
Q28: A statistical sample includes
A)a random selection of
Q29: The auditor should consider which of the
Q30: The most important points to understand about
Q31: The auditor should consider which of the
Q38: Nonstatistical sampling
A)is never a more effective way
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