Whenever Auditors Use Sampling, They Risk Making Incorrect Conclusions About

Multiple Choice

Whenever auditors use sampling, they risk making incorrect conclusions about the population. For audit sampling of tests of transactions this risk is known as:

A) acceptable risk of assessing control risk too low.
B) acceptable risk of assessing transaction testing as too low.
C) risk that the sample is not representative of the population.
D) risk that the sample conclusions cannot be useful because of non-probability sampling.