When No Misstatements Are Found in a PPS Sampling Plan

Multiple Choice

When no misstatements are found in a PPS sampling plan:

A) allowance for sampling risk must be adjusted upward to compensate.
B) projected misstatement in the population is zero.
C) sampling must continue until at least one deviation is found.
D) the auditor should use a lower risk of incorrect acceptance in evaluating the sample than used in determining sample size.
E) the expansion factor can always be ignored.