Q:

Which of the following would most likely be an advantage in using classical variables sampling rather than monetary-unit sampling?

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Which of the following would most likely be an advantage in using classical variables sampling rather than monetary-unit sampling?


  1. The auditor rarely needs the assistance of a computer program to design an efficient sample.
  2. Any amount that is individually significant is automatically identified and selected.
  3. An estimate of the standard deviation of the population\'s recorded amounts is not required.
  4. Inclusion of zero and negative balances generally does not require special design considerations. D. Inclusion of zero and negative balances generally does not require special design considerations.

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