When Evaluating the Results of Substantive Audit Procedures,auditors Run the Sampling

question 15

Multiple Choice

When evaluating the results of substantive audit procedures,auditors run the sampling risk(s) of ________.

• A)assessing control risk too high or too low
• B)incorrect acceptance and incorrect rejection of the population
• C)assessing control risk too low only
• D)incorrect acceptance of the population only

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Definitions:

Reintegrative Stage

The period of late adulthood during which the focus is on tasks that have personal meaning.

Sensorimotor Stage

Piaget’s initial major stage of cognitive development, which can be broken down into six substages.

Sociocultural Approach

A theoretical perspective that emphasizes the impact of social and cultural factors on individual behavior and cognitive processes.