Question: s1: The choice between a statistical and a nonstatistical sampling plan is generally based on whether the auditor requires a quantitative estimate of sampling risk
s1: The choice between a statistical and a nonstatistical sampling plan is generally based on whether the auditor requires a quantitative estimate of sampling risk and the relative costs and effectiveness of each plan in the circumstances. s2: PPS sampling automatically stratifies an audit population because sampling units are selected in proportion to their peso amount. S3: The risk of incorrect acceptance relates to the effectiveness of the audit.
A. all statements are true
b. all statements are false
c. s1 and s2 are true
d. s1 and s3 are true
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