An auditor is performing substantive tests of pricing and extensions of perpetual inventory balances consisting of a
Question:
An auditor is performing substantive tests of pricing and extensions of perpetual inventory balances consisting of a large number of items. Experience indicates numerous pricing and extension misstatements. Which of the following statistical sampling approaches is most appropriate?
a. Unstratified MPU
b. PPS
c. Stop or go
d. Ratio estimation
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Related Book For 
Auditing Concepts For A Changing Environment With IDEA Software
ISBN: 9780324180237
4th Edition
Authors: Larry E. Rittenberg, Bradley J. Schwieger
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