Question: 19-In statistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if Group of answer choices a-The

19-In statistical sampling methods used in substantive testing, an auditor most

likely would stratify a population into meaningful groups if

Group of answer choices

a-The population has highly variable recorded amounts.

b-Probability-proportional-to-size (PPS) sampling is used.

c-The auditor's estimated tolerable misstatement is extremely small.

d-The standard deviation of recorded amounts is relatively small.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

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...

Q:

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 (PPS) sampling is used....

Q:

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 (PPS) sampling is used....

Q:

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 (PPS) sampling is used....

Q:

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 (PPS) sampling is used....

Q:

In statistical or nonstatistical sampling methods used in substantive testing, an auditor most likely would stratify a population into meaningful groups if: Multiple Choice monetary - unit sampling (...

Q:

Analyze the Design and Methodology in Two Quantitative Studies Recall the two quantitative studies you read for this lesson from the eReserves; use these to answer the following questions: Identify...

Q:

ACCT 612 FINAL EXAM SECTION 1: 2 POINTS EACH. PLEASE SELECT THE BEST ANSWER TO EACH OF THE FOLLOWING QUESTIONS. 1) Which of the following best describes the test data approach? A) Auditors process...

Q:

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

Q:

Business Research MethodologyQuestion Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

Q:

Using the preceding information, calculate the debt ratio for the Lee household.

Q:

Evans, Inc., had current liabilities at November 30 of $137,400. The firms current ratio at that date was 1.8. Required: a. Calculate the firms current assets and working capital at November 30. b....

Q:

In an attempt to manage economic exposure, the following are examples of diversifying financing cash flows, EXCEPT: Raising equity in a foreign country Expanding sales to countries with different...

Q:

Which one of the following is an advantage of having production facilities to manufacture athletic footwear in all four geographic regions? Increased ability to reduce companywide spending for best...

Q:

7. List examples from a communication situation with a foreign person in which you have used the sauna manoeuvre (described in this chapter), and examples where you have been subjected to the...

Q:

1. To provide an understanding of how trust is established in a communication context.

Q:

2. In this chapter, the reader should reflect on the following concepts: Basic values, basic interests, position, socialization process, mental variables and norm distribution.