Please explain question 228,229,256 of mcq

Questions › Category: SA-315 › Please explain question 228,229,256 of mcq

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Hardik_sri asked 5 years ago

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Best Answer

Ravi Staff answered 5 years ago

For 256

Sir Explain why the answer is B in CA IPCC MCQ No 256

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Ravi Staff answered 5 years ago

For 228 & 229
Detection Risk is based on 2 components sampling risk and non-sampling risk.
Detection Risk = Chances that auditor is not able to identify misstatements. These can happen because of poor sampling that is sampling risk or poor selection, application of audit procedures on sample selected that is non-sampling risk.