Sampling risk deals with which of the following?
A)Not carrying out the appropriate audit procedure.
B)Drawing an incorrect inference from the sample results.
C)Inappropriately diagnosing client's problems.
D)Both A and C.

Question

Quizplus · Accepted Answer

Sampling risk deals with the risk that an incorrect conclusion or inference is drawn from the sample results. It doesn't involve inappropriate diagnosis of client's problems or not carrying out the appropriate audit procedure, although those may be related risks in the audit process.

Sampling Risk Deals with Which of the Following