The most common objective of PPS sampling plans is to obtain evidence that a recorded account balance is not materially misstated.

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PPS (Probability-Proportional-to-Size) sampling, also known as dollar-unit sampling, is often used in auditing to test the accuracy of account balances by giving larger balances a proportionately greater chance of selection, aiming to detect material misstatements.

The Most Common Objective of PPS Sampling Plans Is to Obtain