Which of the following statements concerning the auditor\'s use of statistical sampling is correct?

Ibrahimhamm

Save to bookmark

2022-06-29

121

Which of the following statements concerning the auditor's use of statistical sampling is correct?

An assumption of monetary-unit sampling is that the underlying accounting population is normally distributed.
The selection of zero balances usually does not require special sample design considerations when using monetary-unit sampling.
An auditor needs to estimate the dollar amount of the standard deviation of the population in order to use classical variables sampling.
A classical variables sample needs to be designed with special considerations to include negative balances in the sample.

Accounting, textbook solutions, MCQ Questions, Accounting textbook-solutions, Accounting MCQ-questions,

Ibrahimhamm

2022-06-29

need an explanation for this answer? contact us directly to get an explanation for this answer

need an explanation for this answer? contact us directly to get an explanation for this answer

total answers (1)