Question $2$ Selecting samples for testing from a population without a structured technique is termed a$)$ Haphazard selection b$)$ Random selection c$)$ Systematic selection d$)$ Stratification selection $(10$ Marks$)2.$ The risk that the auditor$$s conclusion based on a sample may be different from the conclusion if the entire population were subjected to the same procedure in termed: a$)$ Non$-$sampling risk b$)$ Inherent risk c$)$ Statistical risk d$)$ Sampling risk $3.$ Monetary amount set by auditor $-$ should not be exceeded by the actual misstatement in the population is termed: a$)$ A tolerable deviation b$)$ Sampling error c$)$ A tolerable misstatement d$)$ A constituent of sampling risk $4.$ For audit sampling purposes the individual items making up the population which is being sampled are referred to: a$)$ Sampling units b$)$ Sampling blocks c$)$ Sampling transactions d$)$ Sampling stratifications $5..$When an entity is not able to continue in future and it does not disclose this in financial statements, it is a clear violation of: a$)$ Substance over form b$)$ Accrual basis c$)$ Prudence concept