The Most Common Objective of PPS Sampling Plans Is To

question 34

Multiple Choice

The most common objective of PPS sampling plans is to:

• A) determine the rate of deviation from a control procedure.
• B) estimate the true dollar value in an unrecorded account.
• C) establish that the rate of deviation from a control procedure does not exceed the established tolerable rate.
• D) independently estimate the value of a class of transactions.
• E) obtain evidence that a recorded account balance is not materially misstated.

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