Multiple Choice
Whenever sampling is used in an audit procedure, uncertainty will be present. The two sources of this uncertainty are:
A) sampling risk and nonsampling risk.
B) compliance risk and substantive risk.
C) inherent risk and control risk.
D) detection risk and occurrence risk.
E) detection risk and inherent risk.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: In PPS sampling plans, all logical sampling
Q18: The steps in PPS sampling are identical
Q19: In <b>mean-per-unit-sampling</b>, population size is:<br>A) inversely related
Q20: In PPS sampling, the amount of the
Q21: In a comparison between <b>MPU </b>sampling and
Q23: Identify the factors in the PPS sample
Q24: The auditor has decided to use PPS
Q25: The<b> normal distribution </b>underlies:<br>A) PPS sampling.<br>B) classical
Q26: Which of the following is not an
Q27: <b>Probability-proportional-to-size</b> (PPS) sampling should not be used