Why Is the Auditor More Concerned with the Risk of Overreliance

Multiple Choice

Why is the auditor more concerned with the risk of overreliance rather than the risk of underreliance?

A) The risk of underreliance is not a type of sampling risk.
B) The risk of overreliance exposes the auditor to an efficiency loss.
C) The risk of overreliance may result in the auditor's failing to perform sufficient substantive procedures.
D) The risk of overreliance cannot be controlled by the auditor during the sampling process.