Question: True or false (no explanation needed) 1. When sampling is used, the auditor aims to conclude on the entire sample by testing the population of
True or false (no explanation needed)
1. When sampling is used, the auditor aims to conclude on the entire sample by testing the population of it.
2. Sampling risk cannot be eliminated in all circumstances.
3. Sampling risk may be associated with human type errors that will lead to erroneous conclusions.
4. The auditor's report shall describe management's responsibility for the preparation of the financial statements in the manner in which that responsibility is described in the understanding of the entity and its environment.
5. The date of the auditor's report informs the user of the auditor's report that the auditor has considered the effect of events and transactions of which the auditor became aware and that occurred beyond that date.
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