The auditor has rejected an item from sample which was not supported by documentary evidence | |
He applies random sampling on data which is inaccurate and inconsistent | |
The auditor has ascertained that the balance is materially correct when in actual fact it is not | |
The auditor concludes the balance is materially misstated when in actual fact is not |
What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing?