Sampling risk (sampling error)is an inherent part of sampling that results from
A)inappropriate audit procedures.
B)failure to recognize exceptions.
C)testing less than the entire population.
D)weaknesses in the client's internal control system.

Question

Quizplus · Accepted Answer

Sampling risk arises from the fact that audit procedures are performed on a sample rather than the entire population. It is a result of the natural variability inherent in any sample due to chance factors. Inappropriate audit procedures, failure to recognize exceptions, and weaknesses in the client's internal control system can all contribute to the risk of sampling error, but they are not the primary causes of it.

Sampling Risk (Sampling Error)is an Inherent Part of Sampling That