Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 14

Which of the following would most likely be an advantage in using classical variables sampling rather than monetary-unit sampling?
A) An estimate of the standard deviation of the population's recorded amounts is not required.
B) The auditor rarely needs the assistance of a computer program to design an efficient sample.
C) Inclusion of zero and negative balances generally does not require special design considerations.
D) Any amount that is individually significant is automatically identified and selected.