Question: QUESTION 11 Non-sampling risk is the risk that Chapter 10 an auditor arrives at an inappropriate conclusion for a reason unrelated to sampling issues an

QUESTION 11 Non-sampling risk is the risk that Chapter 10 an auditor arrives at an inappropriate conclusion for a reason unrelated to sampling issues an auditor arrives at an inappropriate conclusion for a reason related to sampling issues the auditor inadvertently does not include any sampling procedures in the audit the audit firm does not send sample questionnaires to management related to certain note disclosures QUESTION 12 The ultimate purpose of a substantive test is to Chapter 10 ensure that all controls are functioning properly obtain absolute assurance that an assertion is presented fairly in all material respects obtain reasonable assurance that an assertion is presented fairly in all material respects guarantee that no error or fraud exists in the financial statements QUESTION 13 An advantage of statistical sampling Chapter 10 is that it allows an auditor to measure control risk Is that it allows an auditor to measure sampling risk is that it allows an auditor to measure inherent risk is that it is cheaper to perform, resulting in lower audit fees for the client

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