When performing substantive tests using sampling methods,the auditor's main concern is the risk of incorrect rejection.

Question

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When performing substantive tests using sampling methods, the auditor's main concern is the risk of incorrect acceptance, not incorrect rejection. Incorrect acceptance occurs when the auditor fails to detect a material misstatement in the sample and concludes that the account balance or transaction is fairly stated.

When Performing Substantive Tests Using Sampling Methods,the Auditor's Main Concern