Question: a. Distinguish between sampling risk and nonsampling risk. b. Explain the types of sampling risk that may occur in auditing and their potential effects on

a. Distinguish between sampling risk and nonsampling risk.

b. Explain the types of sampling risk that may occur in auditing and their potential effects on the audit.

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ANSWER a Distinguishing between sampling risk and nonsampling risk Sampling Risk This is the risk that arises from examining a sample rather than the ... View full answer

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