Question: In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if a. Probability proportional to size
In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if
a. Probability proportional to size sampling is used.
b. The population has highly variable recorded amounts.
c. The auditor's estimated tolerable misstatement is extremely small.
d. The standard deviation of recorded amounts is relatively small.
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The correct answer is b Sampling for variables Sampling for variables is the sampling method used to ... View full answer
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