Multiple Choice
Which of the following is an advantage of PPS sampling over variable sampling?
A) It is more suitable for detecting errors of understatement.
B) Individually material items are automatically selected.
C) As expected error increases, sample size will be smaller than that required by variable sampling.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: When systematic selection is used to select
Q14: The greatest impact on audit effectiveness comes
Q15: If the sample supports the conclusion that
Q18: An informal non-statistical sampling plan<br>A)uses a structured
Q19: Audit sampling is involved whenever an auditor:<br>A)performs
Q20: A situation in which variable sampling was
Q20: Before selecting the sample for testing, it
Q21: After planning the sample, selecting the sample
Q32: The risk of concluding a material error
Q38: The risk of concluding control risk is