Which of the following is NOT a characteristic of sampling risk?
A)To reduce sampling risk,the investigator can increase the sample size.
B)Sampling risk cannot be quantified,and can only be slightly reduced by careful planning of the sampling procedure.
C)To reduce sampling risk,the investigator can use a random number table.
D)In fraud examination,sampling risk can be significant.

Question

Quizplus · Accepted Answer

Sampling risk can be quantified and reduced by careful planning of the sampling procedure. It refers to the risk of selecting a sample that is not representative of the entire population, leading to incorrect conclusions. Increasing the sample size and using a random number table are both methods of reducing sampling risk. In fraud examination, sampling risk can be significant and must be carefully addressed.

Which of the Following Is NOT a Characteristic of Sampling