NONSAMPLING RISK
\nˌɒnsˈamplɪŋ ɹˈɪsk], \nˌɒnsˈamplɪŋ ɹˈɪsk], \n_ˌɒ_n_s_ˈa_m_p_l_ɪ_ŋ ɹ_ˈɪ_s_k]\
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The failure to fully examine the available data results in this type of audit risk. It also results from the incompetency on part of the auditor to spot a mistake or a wrong statement. This usually results from the inappropriate application of procedures and misinterpretation of data.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).