Which of the following is not a type of sampling risk?
A) risk of overreliance.
B) risk of incorrect decision.
C) risk of sample size.
D) risk of underreliance.

Question

Quizplus · Accepted Answer

Sampling risk involves the risk of making an incorrect inference or decision because the sample is not representative of the population. Risk of sample size is not a type of sampling risk; instead, it is a factor that affects the level of sampling risk. The other options (risk of overreliance, risk of incorrect decision, and risk of underreliance) are types of sampling risks associated with audit and statistical sampling decisions.

Which of the Following Is Not a Type of Sampling