Multiple Choice
Sampling risk for substantive testing includes
A) the risk of incorrect sample selection
B) the risk of incorrect sample evaluation
C) the risk of incorrect planning for sample selection
D) the risk of incorrect acceptance of the account balance or class of transactions
E) the risk of incorrect rejection of the account balance or class of transactions
F) both A and C
G) both B and E
H) Both D and E
Correct Answer:
Verified
Correct Answer:
Verified
Q35: The only thing(s)that must change when the
Q36: The more serious error of the errors
Q37: The auditor gathers evidence about whether balance
Q38: Both statistical and nonstatistical samples require professional
Q39: How is variables sampling used in substantive
Q41: Expected misstatement is defined as<br>A)the level of
Q42: To obtain the known misstatements for the
Q43: The population for a substantive test of
Q44: Variables sampling is the application of an
Q45: The auditor must define the sampling unit