Multiple Choice
Which one of the following statements regarding block sampling is NOT true?
A) It is acceptable to use block sampling for tests of transactions only if a reasonable number of blocks are used.
B) Once the first item in the block is selected, the remainder of the block is chosen automatically.
C) Block sampling is the selection of several items in sequence.
D) A 'reasonable number' for most situations is probably at least six blocks from six different months.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Discuss what is meant by 'representative sample'.
Q7: Monetary-unit sampling selects individual dollars as the
Q8: A statistical method used to estimate the
Q9: While performing a substantive test of details
Q10: One of the ways to reduce sampling
Q12: When using monetary-unit sampling, the recorded dollar
Q13: Acceptable risk of assessing control risk too
Q14: Describe the differences between statistical and non-statistical
Q15: An increase in the sample size has
Q16: Which one of the following statements is