Multiple Choice
Which of the following characteristics most likely would be an advantage of using classical variables sampling rather than probability-proportional-to-size (PPS) sampling?
A) The selection of negative balances requires no special design considerations.
B) The sampling process can begin before the complete population is available.
C) The auditor need not consider the preliminary judgments about materiality.
D) The sample will result in a smaller sample size if few errors are expected.
Correct Answer:

Verified
Correct Answer:
Verified
Q328: A successor auditor most likely would make
Q329: Which of the following statements concerning an
Q330: Which of the following statements is generally
Q331: Which of the following procedures would a
Q332: The auditor should obtain sufficient knowledge of
Q334: Internal control includes which of the following
Q335: To determine whether internal control relative to
Q336: An auditor's report would be designated a
Q337: Which of the following internal controls would
Q338: To be effective, analytical procedures in the