Q
Which of the following describes sampling risk?
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A
A. The risk of the auditor carrying out a test the wrong way round
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B
B. The risk of reliance on unsuitable audit evidence
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C
C. The risk that the sample does not reflect the population
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D
D. The risk of the auditor reaching the wrong conclusions from testing
Correct Answer:
C. C. The risk that the sample does not reflect the population