Which of the following risks most appropriately describes this situation?

An internal auditor tested whether purchase orders were supported by appropriately approved purchase requisitions She sampled a population of purchase documents and identified instances where purchase requisitions were missing However, she did not notice that n some cases purchase requisitions were approved by an unauthorized person.

Which of the following risks most appropriately describes this situation?
A . Nonsampling risk
B . Sampling risk
C . Inherent risk
D . Due diligence risk

View Answer

Answer: A