Question: When conducting substantive procedures, sampling risk is the risk that an auditor concludes that a material misstatement does not exist when it actually does, or

When conducting substantive procedures, sampling risk is the risk that an auditor concludes that a material misstatement does not exist when it actually does, or an auditor concludes that a material misstatement exists when it actually does not.

True

False

When conducting substantive procedures, sampling

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