Select the Description That Best Illustrates Sampling Risk

question 91

Multiple Choice

Select the description that best illustrates sampling risk.

• A)Applying audit procedures,which are inappropriate for the audit objectives.
• B)Failing to recognize misstatements or deviations in the documents examined.
• C)Arriving at incorrect statistical conclusions due to computational errors.
• D)Choosing a sample which has proportionately more errors than the population.

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Definitions:

Truck A/C System

The air conditioning system in a truck, responsible for cooling the cabin, improving comfort for the occupants.

Phosgene Gas

A toxic and colorless gas used as a chemical weapon and in various industrial processes.

Open Flame

Any instance of fire not enclosed in a heating device, which can pose a risk of ignition or burning.

Combust

To catch fire or burn; a process of burning or combustion.