_____ sampling methods use normal distribution theory and the central limit theorem to provide a range estimate of the account balance or class of transactions or the misstatement in the account balance or class of transactions.
A)Attributes.
B)Classical variables.
C)Nonstatistical.
D)Monetary unit sampling (MUS).

Question

Quizplus · Accepted Answer

Classical variables sampling methods use normal distribution theory and the central limit theorem to provide a range estimate of the account balance or class of transactions or the misstatement in the account balance or class of transactions. Attributes sampling methods focus on the proportion of items in a population that possess a given attribute, while nonstatistical sampling methods do not use statistical theory to evaluate results. Monetary unit sampling (MUS) is a type of classical variables sampling method that is used to estimate the dollar amount of misstatements in an account balance or class of transactions.

_____ Sampling Methods Use Normal Distribution Theory and the Central