An auditor is performing substantive tests of pricing and extensions of perpetual inventory balances consisting of a
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An auditor is performing substantive tests of pricing and extensions of perpetual inventory balances consisting of a large number of items. Past experience indicates numerous pricing and extension errors. Which of the following statistical sampling approaches is most appropriate?
a. Unstratified mean estimation.
b. Ratio estimation.
c. PPS.
d. Stop or go.
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Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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