Question: Each time an auditor draws a conclusion based on evidence from a sample, an additional risk, i.e., sampling risk, is introduced. An example of sampling

Each time an auditor draws a conclusion based on evidence from a sample, an additional risk, i.e., sampling risk, is introduced. An example of sampling risk is

Properly applying an improper audit procedure to sample data.

Improperly applying a proper audit procedure to sample data.

Projecting the results of sampling beyond the population tested.

Drawing an erroneous conclusion from sample data.

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