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Author Question: Which of the following is the risk that audit tests willnotuncover existing exceptions in a sample? (Read 32 times)

moore.cailinf

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Question 1

Which of the following is the risk that an auditor will reach an incorrect conclusion because a sample is not representative of the population?
◦ sampling risk
◦ nonsampling risk
◦ audit risk
◦ detection risk

Question 2

Which of the following is the risk that audit tests will not uncover existing exceptions in a sample?
◦ sampling risk
◦ nonsampling risk
◦ audit risk
◦ detection risk


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Marked as best answer by moore.cailinf on Aug 21, 2022

StephaniaF

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moore.cailinf

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it


skipfourms123

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Reply 3 on: Yesterday
Wow, this really help

 

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