Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 21

In audit sampling applications, sampling risk is
A) A characteristic of statistical sampling applications but not of nonstatistical applications.
B) The probability that the audit team will fail to recognize erroneous accounting in the client's documentation.
C) The probability that accounting misstatements will arise in transactions and enter the accounting system.
D) The probability that an audit team's conclusion based on a sample might be different from the conclusion based on an audit of the entire population.