Which of the following statements regarding sampling risk is FALSE?
A)To reduce sampling risk, the investigator can increase the sample size.
B)Sampling risk can only be slightly reduced by careful planning of the sampling procedure.
C)To reduce sampling risk, the investigator can use a random number table.
D)In fraud examination, sampling risk can be significant.

Question

Quizplus · Accepted Answer

This statement is false because sampling risk can be significantly reduced by careful planning of the sampling procedure, such as using a representative sample and ensuring the sample size is large enough to provide reliable results. The other statements are true: increasing sample size can help reduce sampling risk, using a random number table can help ensure a representative sample, and sampling risk can be significant in fraud examination.

Which of the Following Statements Regarding Sampling Risk Is FALSE