Auditing & Assurance Services (7th Edition)

Chapter 17

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Sampling can be used by an auditor during the ... more

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The chance of having a difference between the ... more

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The probability of drawing an incorrect conclusion... more

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Sampling risk can be controlled by determining the... more

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The selection of sample from the population based ... more

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Yes, non-statistical sampling method is used under... more

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The steps involved with sampling are:Ascertainment... more

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The result of sampling application depends upon ... more

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A lower sampling risk requires a larger sample ... more

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The methods used to select sample items are:... more

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The methods used for statistical sampling are ... more

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The level of deviation allowed between the actual ... more

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Sample size evaluation procedure starts with ... more

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Attribute sampling is a method to determine the ... more

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The tolerable rate of deviation is the maximum ... more

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The two sampling risks related to attribute ... more

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The concern toward the risk of over-reliance is ... more

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Variable sampling is an auditing tool that is used... more

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Tolerable misstatement is the threshold to the ... more

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The two sampling risks associated with variable ... more

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Auditors pay more attention to the risk of ... more

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The objective of attribute sampling is to evaluate... more

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The population size of the data, expected ... more

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The population of the data, expected misstatement... more

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In an audit sampling, the audit procedures are ... more

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Statistical sampling involves mathematical ... more

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Sampling method is used on a population consisting... more

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Audit risk is unknowingly issued by the auditors. ... more

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Discovering an appropriate sample size is a method... more

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Statistical sampling measures the auditor’s ... more

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Block series is an auditing technique in which a ... more

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The first three items of the samples, 10,110, and ... more

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The chance of getting a representative sample is ... more

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Block selection is not desirable in statistical ... more

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Block selection is not desirable in statistical ... more

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Confidence indicates the possibility that the true... more

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Confidence indicates the possibility that the true... more

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The rule of one minus sampling risk states that ... more

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The main cause of sampling risk is taking into ... more

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Audit effectiveness is a reasonable term that ... more

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Attribute sampling is used by the auditors for ... more

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Audit risk is a one of the components of the risk ... more

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In order to reduce reliance on control, the upper ... more

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There is no assurance compulsory in statistical ... more

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The actual failure of internal control is that the... more

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When the characteristics related to the interest ... more

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Under the generally accepted auditing standards, ... more

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The 10 percent chance of average weight being more... more

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The initial process includes the determination of ... more

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Due to additional tests and analysis, the auditor ... more

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Sampling risk is the risk that states that the ... more

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Case 1Precision interval: 36 to 76Sampling risk: 5... more

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Sampling risk is the risk that the samples ... more

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A schedule showing the relationship shows the ... more

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