If an Auditor Is Sampling to Test Compliance with a Particular

question 248

Multiple Choice

If an auditor is sampling to test compliance with a particular company policy, which of the following factors should not affect the allowable level of sampling risk?

• A) The experience and knowledge of the auditor.
• B) The adverse consequences of noncompliance.
• C) The acceptable level of risk of making an incorrect audit conclusion.
• D) The cost of performing auditing procedures on sample selections.

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Definitions:

Dissolves Completely

A process by which a substance breaks down and integrates into a liquid, forming a uniform solution.

Potassium Chloride

An essential mineral supplement used to treat or prevent low levels of potassium in the blood.

Ml PO

An abbreviation often used in medical contexts to indicate a medication dose taken orally in milliliters.

Oral Solution

A liquid preparation containing one or more active ingredients dissolved, intended for oral administration.