Which of the following would be an advantage of using variables sampling rather than probability-proportional-to-size (PPS) sampling?
The following relate to the use of statistical sampling for tests of details of balances. For each one, select the best response. a. When the auditor uses monetary unit statistical sampling to examine the total dollar value of invoices, each invoice (1) has an equal probability of being selected. (2) can be represented by no […]