Which of the following sampling methods correctly describes systematic sampling?
A) A sampling method which is a type of value-weighted selection in which sample size, selection and evaluation results in a conclusion in monetary amounts
B) A sampling method which involves having a constant sampling interval, the starting point for testing is determined randomly
C) A sampling method in which the auditor selects a block(s) of contiguous items from within the population
D) A sampling method whereby the population is divided by size to determine the number of transactions tested i.e. the higher the value the more are tested
Correct Answer:
Verified
Q3: The auditor may decide that it would
Q4: Audit software can be used to select
Q5: The lower the tolerable error the greater
Q6: Attribute sampling requires only two responses -
Q7: Which of the phrases below completes the
Q9: Which of the following is not a
Q10: Does judgemental sampling entail: ?
A) picking a
Q11: Which of the following statements is not
Q12: Monetary Unit Sampling (also known as Value
Q13: Audit sampling is one component of audit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents