Sampling Risk

question 10

Multiple Choice

Sampling risk:

• A) is a function of statistical procedures.
• B) is a function of the statistical method chosen.
• C) is a function of the audit, regardless whether statistical methods are used or not.
• D) Both a and b.

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Definitions:

Increased By

A mathematical operation indicating that a certain value should be added to another value, resulting in a larger amount.

Percent

A way to express a number as a fraction of 100, symbolized by the "%" sign.

Result

The final outcome or answer obtained from a calculation or experiment.

Increased By

A term indicating that a certain value has been added to the original amount, leading to a higher total.