When using PPS (probability proportionate to size) sampling, _______.
A) the population consists of the class of transactions or the account balance to be tested
B) the population consists a particular transaction or the account balance to be tested
C) the population consists of the class of transactions or multiple account balances to be tested
D) management should be allowed some latitude in selecting which accounts to be sampled
Correct Answer:
Verified
Q100: The amount of expected misstatement in the
Q101: An allowance for sampling risk is _.
A)an
Q102: What is the amount of estimated misstatement
Q103: Probability proportionate to size sampling _.
A)should only
Q104: The concept of sampling risk _.
A)is closely
Q106: The process of selecting a sample _.
A)should
Q107: Classical variables sampling is best described as:
A)A
Q108: A Logical Sampling Unit is defined as
Q109: Lower training cost is a major advantage
Q110: The concept of stratification relates to _.
A)only
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents