The process which requires the calculation of an interval and then selects the items based on the size of the interval is

		statistical sampling.
		random sample selection.
		systematic sample selection.
		computerized sample selection.

2.

Audit procedures designed to uncover credit sales made after the client's fiscal year-end that relate to the current year being audited provide evidence for which of the following audit objectives?

		realizable value
		accuracy
		cutoff
		existence

3.

When the sample selection is done using probability proportional to size sample selection (PPS),

		the actual number of units selected for testing may be more than the computed sample size.
		the auditor must use systematic selection, rather than random selection of dollars.
		population items with a zero recorded balance have no chance of being selected.
		negative balances must be treated as positive balances.

4.

An auditor uses monetary unit sampling with a sampling interval of $20,000 and detects an item with a recorded amount of $10,000 with an audited value of $4,000. The projected misstatement of the sample is

		$12,000.
		$6,000.
		$10,000.
		$3,000.