Which of the Following Characteristics Most Likely Would Be an Advantage

question 333

Multiple Choice

Which of the following characteristics most likely would be an advantage of using classical variables sampling rather than probability-proportional-to-size (PPS) sampling?

• A) The selection of negative balances requires no special design considerations.
• B) The sampling process can begin before the complete population is available.
• C) The auditor need not consider the preliminary judgments about materiality.
• D) The sample will result in a smaller sample size if few errors are expected.

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Definitions:

Significant Life Change

Major events or transitions in an individual's life that necessitate adjustment, which can include changes in employment, relationship status, or health.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in regulating visceral functions (e.g., heart rate) and part of the body's fight-or-flight response.

Cortisol

A steroid hormone released by the adrenal glands in response to stress or low blood-glucose concentration, involved in various body functions including metabolism and the immune response.

Carcinogens

Substances or exposures that are known to lead to cancer development in living tissue.