Which of the following is the risk that an auditor will reach an incorrect conclusion because a sample is not representative of the population?
A) sampling risk
B) nonsampling risk
C) audit risk
D) detection risk

Question

Quizplus · Accepted Answer

Sampling risk is the risk that an auditor will conclude that a sample is representative of the population when it is not. The other options (B, C, D) are not specific to the issue of sampling and do not address the risk of reaching an incorrect conclusion due to inadequate sampling techniques.

Which of the Following Is the Risk That an Auditor