In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into

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In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if

a. Probability proportional to size sampling is used.

b. The population has highly variable recorded amounts.

c. The auditor's estimated tolerable misstatement is extremely small.

d. The standard deviation of recorded amounts is relatively small.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:31 AM

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In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into

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The correct answer is b Sampling for variables Sampling for variables is the sampling method used to ...View the full answer

Auditing An Assertions Approach

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