This method of sampling is also called probability proportionate to size (PPS) sampling
A)Block Selection
B)Random Sampling
C)Stratified Sampling
D)Monetary Unit Sampling

Question

Quizplus · Accepted Answer

Monetary Unit Sampling, also known as dollar-unit sampling, is a method where the selection of units (e.g., invoices, line items) for testing is based on a probability that is proportional to the monetary value of the units. This approach ensures that units with higher values have a higher chance of being selected for audit or review, aligning with the principle of probability proportionate to size (PPS) sampling.

This Method of Sampling Is Also Called Probability Proportionate to Size