Whenever sampling is used in an audit procedure, uncertainty will be present.The two sources of this uncertainty are:
A)detection risk and control risk.
B)audit risk and detection risk.
C)inherent risk and control risk.
D)sampling risk and non-sampling risk.

Question

Quizplus · Accepted Answer

Sampling risk arises from the possibility that the sample is not representative of the population, while non-sampling risk arises from factors not related to the sample, such as human error.

Whenever Sampling Is Used in an Audit Procedure, Uncertainty Will