Question
1. What is sampling risk? 2. What is non-sampling risk? 3. describe the difference between a systematic sample and a block sample (to receive full
1. What is sampling risk?
2. What is non-sampling risk?
3. describe the difference between a systematic sample and a block sample (to receive full credit your answer must include more than just including which sample is probabilistic and which is nonprobabilistic).
4. provide an example of a random sample and a block sample. Which sample allows for the auditor to quantify (measure) sampling risk?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
