Audit Sampling in Substantive Tests Is Subject to both Sampling

question 53

True/False

Audit sampling in substantive tests is subject to both sampling risk and nonsampling risk.

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Definitions:

Completely

Totally or entirely; having all parts or elements.

Reality Principle

A concept in psychoanalysis that describes the ability of the mind to assess the external world and act upon it accordingly, as opposed to acting on the pleasure principle.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, superego, and reality.

Guilt/Pride Principle

A psychological concept that suggests emotions like guilt and pride are fundamental in guiding moral behaviors and forming a sense of personal responsibility.