AUXILIARY JOURNAL is a journal in which accounting information is stored both before and after the transfer to the General Ledger.
NONSAMPLING RISK is audit risk not due to sampling. An auditor may apply a procedure to all transactions or balances and fail to detect a material misstatement. Nonsampling risk includes the possibility of selecting audit procedures that are not appropriate to achieve a specific objective. For example, confirming recorded receivables cannot reveal unrecorded receivables. Nonsampling risk can be reduced to a negligible level through adequate planning and supervision.
TARE WEIGHT is the weight of packing container and packaging material without the weight of the goods contained therein.
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