Explain the difference between the two types of sampling risk for controls: overreliance on an ineffective system

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Explain the difference between the two types of sampling risk for controls: overreliance on an ineffective system of internal controls, and under reliance on an effective system of internal controls. What are the errors' different implications for the audit? Which is the more serious risk? Explain.
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Auditing A Practical Approach

ISBN: 978-1742165943

1st Canadian Edition

Authors: Robyn Moroney

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