Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

19-In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if Group of answer choices a-The

19-In statistical sampling methods used in substantive testing, an auditor most

likely would stratify a population into meaningful groups if

Group of answer choices

a-The population has highly variable recorded amounts.

b-Probability-proportional-to-size (PPS) sampling is used.

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

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting and Analysis

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

6th edition

9780077632182, 78025672, 77632184, 978-0078025679

Students also viewed these Accounting questions

Question

10. What is meant by a feed rate?

Answered: 1 week ago