Which of the following describes sampling risk??

Audit Mcqs
BILAL KHATTAK0

A. The risk of the auditor carrying out a test the wrong way round
B. The risk of reliance on unsuitable audit evidence 
C. The risk that the sample does not reflect the population  
D. The risk of the auditor reaching the wrong conclusions from testing

Related Mcqs:

  1. What would most effectively describe the risk of incorrect acceptance in terms of substantive audit testing??
  2. What would most appropriately describe the risk of incorrect rejection in terms of substantive testing??
  3. The working papers which auditor prepares for financial statements audit are___________??
  4. Audit risk is composed of 3 factors. Which of the following is NOT one of those factors??
  5. In an audit of financial statements, substantive tests are audit procedures that __________??
  6. Which one of the following terms refers to the risk arises for bond owners from fluctuating interest rates??
  7. Which of the following best describes the primary purpose of audit programme preparation??
  8. A sample is obtained through two or more successive sampling operations is called
  9. Which of the following affects audit effectiveness??
  10. Audit programme is prepared by____________??

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