Sampling Risk Is _______

Multiple Choice

Sampling risk is _______.

A) the same thing as audit risk
B) the risk that the sample chosen by the auditor is not representative of the population of transactions or items within an account balance and, as a consequence, the auditor arrives at an inappropriate conclusion
C) the risk that the sample chosen by the auditor is representative of the population of transactions or items within an account balance and, as a consequence, the auditor arrives at an inappropriate conclusion
D) inversely related to inherent risk