Distinguish between sampling error and nonsampling error


Response to the following questions:

1. What is the purpose of using nonstatistical sampling for tests of controls and substantive tests of transactions?

2. Explain what is meant by block sample selection and describe how an auditor can obtain five blocks of 20 sales invoices from a sales journal.

3. Distinguish between a sampling error and a nonsampling error. How can each be reduced?

 

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Auditing: Distinguish between sampling error and nonsampling error
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