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bluerose501 bluerose501
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2 years ago
When the sample selection is done using probability proportional to size sample selection (PPS),

▸ the actual number of units selected for testing may be more than the computed sample size.

▸ the auditor must use systematic selection, rather than random selection of dollars.

▸ population items with a zero recorded balance have no chance of being selected.

▸ negative balances must be treated as positive balances.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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k9kulpritk9kulprit
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bluerose501 Author
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This calls for a celebration Person Raising Both Hands in Celebration
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Thank you, thank you, thank you!
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Smart ... Thanks!
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