What methods of sample selection are appropriate to use with a statistical sampling plan? Why?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

See More Books

Question Posted: Oct 27, 2014 06:08 AM

See More Questions

What is the advantage of using statistical methods in sampling and evaluating the results of audit tests?
Identify which situational supervisory style to use with a group, based on its stage of development.
What selection methods did Bob Dolan use for hiring salespeople? Did he go about using these methods in the best order? What, if anything, would you change about the order of the methods used?
Find the exact value of sin(x - y) if sin(x) = 3T 3T T
Stu and Harriett divorce on January 2 of the current year after eight years of marriage. Under the divorce decree, Harriett receives a vacation home that had been held jointly with Stu while they...
An alternate location is being considered for a DRP, and it needs to be a business location that is already running noncritical business functions. This location has most of the equipment needed....
Applying the claims associated with resource dependence, what advice would you offer a public organization contracting officer about sole-sourcing. Explain. LO.1
The U. S. Census Bureau compiles data on family income and summarizes its findings in Current Population Reports. The table below is a frequency distribution of the annual incomes for a random sample...
Analyze the following independent situations. Determine how each contingency should be treated. a . Weaver Company is being sued by a former employee. Weaver believes that there is a remote chance...
John and Sandy Ferguson got married eight years ago and have a seven-year old daughter Samantha. In 2014, John worked as a computer technician at a local university earning a salary of $52,000, and...
Briefly identify and explain the four methods used to select sample items.
Define the terms precision ( allowance for sampling risk), reliability ( confidence), and precision interval.
Write the electron configuration for N. Then write the Lewis symbol for N and show which electrons from the electron configuration are included in the Lewis symbol.
Outlines help in several ways: They help organize your thoughts so your speech is easy to follow. They keep you on track so you don't research beyond the scope of your speech. They give you a clear...
As a nurse leader you have to be able to have the willingness to be in a place of flexibility for change. Sometimes change can cause stress that can cloud our thoughts and ability to connect. Share a...
find T(625). I Given the recurrence relation T(n)=7T (n/5)+ 10n for n > 1 T (1)=1 Answer: (please write your answer here, add required space if needed)
2. (10 pts) The following program has many compilation errors. Underline each of the compilation errors, then rewrite each statement (even the correct ones) so that all these errors are fixed. Do not...
In this problem you will implement a variant of the List ADT. In particular you will implement the String-List ADT, in a concrete class called SListArray, based on the provided abstract Slist class....
A very high yield to maturity over a very short period is preferable to a yield to maturity that is 2% higher than the required rate of return over 10 years. True or false?
The comparative statements of financial position of Menachem NV at the beginning and end of the year 2019 appear below. Net income of ¬34,000 was reported, and dividends of ¬23,000 were paid...
People and firms invest in human and physical capital. Both types of capital are durable goods, the benefits from which can last for many years. Entering into a credit agreement is often key in...
What steps are followed when performing tests of details of balances and drawing conclusions using a sample?
How does the auditor form a conclusion about the fair presentation of an entire account balance based on the results of tests of details of balances performed on a sample?
How do the working trial balance, lead schedules, and detailed work papers articulate?
Suppose I have computed the cost of carbon per mile for my car at 0 . 0 1 2 per mile. Assume that the interest rate is 4 % and that I drive the car 2 8 , 0 0 0 miles per year. What is the present...
Imagine that in stable growth period, the firm earns ROIC of 10% and has after tax EBIT of 200 and reinvestment $ of 40. What is the steady state growth rate? 20% O 10% 2%
Tanner-UNF Corporation acquired as a long-term investment $160 million of 5.0% bonds, dated July 1, on July 1, 2021. Company management has the positive intent and ability to hold the bonds until...

What methods of sample selection are appropriate to use with a statistical sampling plan? Why?

Question:

Step by Step Answer:

Unrestricted random selection and systematic random selection c...View the full answer

Auditing and Assurance Services

Students also viewed these Auditing questions