A sample of all the items in a population still has sampling risk for the auditor.
Correct Answer:
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Q17: When the auditor decides to select less
Q18: In practice, auditors do not know whether
Q19: A representative sample means the sampled items
Q20: Which of the following is the risk
Q21: Which of the following statements is most
Q23: Which of the following is a correct
Q24: There are three phases in both statistical
Q25: Assume an important control is shipping documents
Q26: It is equally acceptable under professional auditing
Q27: Discuss what is meant by "sampling risk"
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