All of the following are true for dollar-unit sampling except:
A) it is not necessary to estimate the standard deviation of the population.
B) large items have a higher probability of selection.
C) several account balances can be combined and treated as one sampling unit.
D) understated items have a lower probability of selection than they would otherwise.

Question

Quizplus · Accepted Answer

The Answer of All of the following are true for dollar-unit sampling except:
A) it is not necessary to estimate the standard deviation of the population.
B) large items have a higher probability of selection.
C) several account balances can be combined and treated as one sampling unit.
D) understated items have a lower probability of selection than they would otherwise.

All of the Following Are True for Dollar-Unit Sampling Except