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Exam IIA-CIA-Part2 topic 1 question 91 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 91
Topic #: 1
[All IIA-CIA-Part2 Questions]

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.
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️

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Caccia
2 years, 4 months ago
Sampling risk is the possibility that engagement conclusions based on a sample may differ from those reached if the test were applied to all items in the population. The experience and knowledge of the auditor are elements of nonsampling risk.
upvoted 1 times
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Amarpreet
2 years, 4 months ago
Why not D??
upvoted 1 times
Joyce914
2 years, 4 months ago
Cost of sample selection may relate to sample size and then impact on the sample risk.
upvoted 1 times
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Mezzat
2 years, 5 months ago
Why A NOT D ???!
upvoted 2 times
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KonradK
2 years, 8 months ago
Why A if in situation when auditor does not have sufficient knowledge and experience there can be a significant error in sampling process. I don't follow why cost of sampling is important and experiance and knowledge not...
upvoted 2 times
John1237
2 years, 1 month ago
Experience and knowledge are related to the non-sampling risk. Furthermore, it's a compliance audit. The parameters must be correct for the observations to be conclusive. The auditor's experience and knowledge shouldn't influence the attributes or the level of compliance.
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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