Which of the following types of variables sampling plans has a tendency to select higher dollar items for examination?
A) Difference estimation.
B) Mean-per-unit estimation.
C) Monetary unit sampling.
D) Ratio estimation.

Question

Quizplus · Accepted Answer

Monetary unit sampling involves selecting individual items as opposed to selecting groups of items. Since higher dollar items have a larger impact on the financial statements, monetary unit sampling has a tendency to select those higher dollar items for examination.

Which of the Following Types of Variables Sampling Plans Has