1. The audit program is a systematic plan for of audit work providing a basis for assigning work to the team members

2. The final audit program should be prepared immediately after the .

3. Preparation of the audit program should focus on what is to the corporation

4. The process of testing a portion of a group of items to evaluate and draw conclusions about the population as a whole is known as sampling

5. Where the auditor makes a judgment call as to the number of items to be selected and which items, it is known as sampling or sampling

6. When the auditor knows the sample is not intended to be representative of the whole population, a valid sampling technique is sampling

7. In statistical sampling, the more representative the sample is, the more the extrapolation will be

8. The risk that, in a sample, material irregularities or errors will not be detected either by internal control or by the use of the appropriate auditing procedures is known as risk

9. The uncertainty that exists when applying the audit procedures to a sample is commonly referred to as risk

10. In statistical sampling, where a sample item is selected which is not representative of the population as a whole it is known as the risk of .

11. In sampling, the risk of sampling error is dependent on the experience, skill, and judgment of the individual auditor but that the auditor's evaluation cannot be independently and quantifiably substantiated

12. In statistical sampling, the use of the auditor applying incorrect audit procedures for a given objective is an example of error

13. The risk of over-reliance on controls is known as a risk

14. The risk that the sample leads the auditor to believe that the amount or quantity is materially misstated when in fact it is not is known as a risk

15. In statistical sampling, the sampling technique chosen will be dependent on the of the auditor wishes to express