Multiple Choice
Non-sampling risk arises when an auditor
A) does not use sampling.
B) uses an inappropriate audit procedure.
C) tests all of the items in a population.
D) spends too much time testing the accounts most at risk of material misstatement.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Block selection involves the selection of items
Q30: An increase in the number of sampling
Q64: Which assertion does the objective that transactions
Q65: When conducting detailed substantive procedures, auditors search
Q66: Henrietta Lombardi assessed control risk to be
Q67: Tests of controls are conducted to<br>A) make
Q69: What impact will there be on sample
Q71: Tests of controls are conducted to establish
Q72: Substantive procedures or tests can be described
Q73: Michael Fernandez has decided to perform substantive