Question: Current Attempt in Progress Sampling risk is the risk that Uncertainty exists when applying audit procedures to sample items. Inappropriate audit procedures will be selected.
Current Attempt in Progress
Sampling risk is the risk that
Uncertainty exists when applying audit procedures to sample items.
Inappropriate audit procedures will be selected.
Conclusions obtained from a randomly chosen sample will not reflect those that would be obtained from the population. An auditor will fail to recognize errors in the sample selected.
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