What is the primary drawback with respect to the use of sampling?
A)Individuals may fail to obtain a true understanding of the question they are examining.
B)The time spent in planning and selecting the sample may exceed the time savings from examining only a subset of the items.
C)The conclusion reached by examining a sample of items may differ from the conclusion that would be reached if the entire population were examined.
D)Sampling cannot be used to examine account balances that are material to the financial statements.

Question

Quizplus · Accepted Answer

The primary drawback of sampling is that the conclusion reached by examining a sample of items may differ from the conclusion that would be reached if the entire population were examined. This is due to the possibility of sampling error, which is the difference between the sample result and the true population result. It is important to use appropriate sampling techniques and sample sizes to minimize the risk of sampling error.

What Is the Primary Drawback with Respect to the Use