Which of the following statements is correct concerning PPS sampling? a. The sampling distribution should approximate the

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Which of the following statements is correct concerning PPS sampling?

a. The sampling distribution should approximate the normal distribution.

b. Overstated units have a lower probability of sample selection than units that are understated.

c. The auditor controls the risk of incorrect acceptance by specifying that risk level for the sampling plan.

d. The sampling interval is calculated by dividing the number of physical units in the population by the sample size.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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