Question: What is the difference between sampling risk and non-sampling risk? 12.14 Identify the three methods of selecting the sample that is suggested in ASA 530

What is the difference between sampling risk and non-sampling risk?

12.14 Identify the three methods of selecting the sample that is suggested in ASA 530 and explain how each is conducted.

13.14 What procedures should the auditor perform when a question arises regarding going concerned?

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Answer Sampling risk is an inherent part of sampling that results from testing less than the entire population Non sampling risk is the risk that the auditor reaches an incorrect conclusion for any re... View full answer

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