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In audit sampling applications, what is sampling risk? Select one: a. A characteristic of statistical...

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Accounting

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In audit sampling applications, what is sampling risk? Select one: a. A characteristic of statistical sampling applications but not of non-statistical applications b. The probability that an auditor's conclusion based on a sample might be different from the conclusion based on an audit of the entire population c. The probability that accounting errors will arise in transactions and enter the accounting system d. The probability that the auditor will fail to recognize erroneous accounting in the client's documentation

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