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16 Jun 2019
Sampling Risk vs. Detection Risk
There are many different types of risk associated with the auditing process. An effective auditor must take the risks into consideration during the auditing process as well as the relationships between the various risks. Discuss the difference in sampling risk and detection risk as well as the relationship between the two risks. What types of substantive procedures can an auditor use to restrict detention risk?
Sampling Risk vs. Detection Risk
There are many different types of risk associated with the auditing process. An effective auditor must take the risks into consideration during the auditing process as well as the relationships between the various risks. Discuss the difference in sampling risk and detection risk as well as the relationship between the two risks. What types of substantive procedures can an auditor use to restrict detention risk?
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Beverley SmithLv2
19 Jun 2019