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When working with the different variables methods,

laywatdut

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When working with the different variables methods,

When working with the different variables methods,

▸ difference estimation frequently results in larger sample sizes than any other method.

▸ ratio estimation is the method preferred by most auditors since it is simpler to calculate confidence intervals.

▸ the difference between the mean-per-unit estimate and the difference estimate is the definition of what is being measured.

▸ stratification can only be used with difference estimation.

Textbook

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

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laywatdut Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

Turboturner

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Thanks for your help!!

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Helped a lot

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