Stratification is often advantageous because _______.
A) the combined sample size often will be significantly less than a single sample size based on a non-stratified population
B) the combined sample size often will be significantly more than a single sample size based on a non-stratified population
C) it is a cheaper approach and will usually result in lower audit fees for the client
D) it is usually more expensive and will result in higher audit fees for the client
Correct Answer:
Verified
Q118: The PPS (probability proportional to size) sampling
Q119: The sampling unit in PPS (probability proportionate
Q120: The auditor can _.
A)never be certain that
Q121: Smaller populations with fewer number of units
Q122: An auditor can reduce the impact of
Q124: Generally speaking, the larger the population, _.
A)the
Q125: If an auditor desires more precise estimates,
Q126: Mean per Unit (MPU) Estimation involves _.
A)sampling
Q127: The sampling plan for classical variables sampling
Q128: Three techniques that are typically used in
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