Which Description Best Illustrates Sampling Risk

question 49

Multiple Choice

Which description best illustrates sampling risk?

• A)Applying audit procedures which are inappropriate for the audit objectives.
• B)Failing to recognize errors or deviations in the documents examined.
• C)Arriving at incorrect statistical conclusions because of computational errors.
• D)Choosing a sample that does not represent the population.

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Definitions:

Service Failures

Situations in which a business fails to meet customer expectations in the delivery of its services, leading to dissatisfaction and potential loss of trust.

Emotional Customers

Consumers who base their purchasing decisions primarily on their emotions or feelings towards a product, brand, or experience.

Flight Cancellation Desks

Facilities or counters at airports where travelers can get assistance and make alternative arrangements when their flights are cancelled.

Listen

The act of giving attention to sound or actions in a way that gains the full meaning of what is being said or observed.