Question: How does probability proportional to size sampling ( PPS ) ensure that larger dollar components are selected for examination?Multiple Choice 0 0 : 5 2
How does probability proportional to size sampling PPS ensure that larger dollar components are selected for examination?Multiple Choice::PPS requires the auditor to identify all items having a balance greater than performance materiality prior to beginning the sample selection process.PPS requires the auditor to stratify the sample into larger and smaller dollar components prior to beginning the sample selection process.PPS defines the sampling unit as an individual dollar within an account balance or class of transactions.PPS selects components having larger balances in the prior audit.
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