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Author Question: Whenever auditors use sampling, they risk making incorrect conclusions about the population. The ... (Read 18 times)

bvyeehaw

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on: Aug 21, 2022

Question 1

When using statistical sampling, the auditor would most likely require a smaller sample if the
◦ population increases.
◦ desired reliability decreases.
◦ desired precision interval narrows.
◦ expected exception rate increases.

Question 2

Whenever auditors use sampling, they risk making incorrect conclusions about the population. The risk that the auditor concludes that controls are more effective than they actually are is known as the
◦ risk of overreliance.
◦ risk of underreliance.
◦ risk that the sample is not representative of the population.
◦ risk that the sample conclusions cannot be useful because of nonprobability sampling.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by bvyeehaw on Aug 21, 2022

butterfly17

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bvyeehaw

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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