The Most Common Objective of PPS Sampling Plans Is To

Multiple Choice

The most common objective of PPS sampling plans is to:

A) determine the rate of deviation from a control procedure.
B) estimate the true dollar value in an unrecorded account.
C) establish that the rate of deviation from a control procedure does not exceed the established tolerable rate.
D) independently estimate the value of a class of transactions.
E) obtain evidence that a recorded account balance is not materially misstated.