The following information relates to a non-statistical sample used for a price test of inventory conducted by an audit a

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The following information relates to a non-statistical sampleused for a price test of inventory conducted by an auditassistant:
Population Information
Sample Information
Number of items
Amount
Number of Items
Amount
Misstatement
Greater than $10,000
25
$1,200,000
25
$1,200,000
$710
Less than $10,000
160
$1,050,000
20
$ 95,000
$265
Total
185
$2,250,000
45
$1,295,000
$975
c) Which misstatement would be of a greater concern, items >$10,000 or items < $10,000?
d) What can a public accounting firm do to reduce the samplingrisk?
e)What can a public accounting firm do to reduce thenonsampling risk?