IIA-CIA-PART2 · Question #260
Which of the following is one of the differences between probability-proportional-to-size (PPS) and attribute sampling?
The correct answer is A. PPS sampling s used to reach conclusions regarding monetary amounts, attribute sampling is not. Probability-proportional-to-size (PPS) sampling is a technique used to reach conclusions regarding monetary amounts in a population. It is designed to handle variable sampling by focusing on monetary units, making it appropriate for testing account balances. On the other hand…
Question
Which of the following is one of the differences between probability-proportional-to-size (PPS) and attribute sampling?
Options
- APPS sampling s used to reach conclusions regarding monetary amounts, attribute sampling is not.
- BPPS sampling is used to roach conclusions regarding rates of occurrence, attribute sampling is
- CPPS sampling a applied within the context of testing controls attribute sampling s not.
- DAttribute sampling is affected by the monetary book value of the population PPS sampling is not
How the community answered
(24 responses)- A79% (19)
- B8% (2)
- C8% (2)
- D4% (1)
Explanation
Probability-proportional-to-size (PPS) sampling is a technique used to reach conclusions regarding monetary amounts in a population. It is designed to handle variable sampling by focusing on monetary units, making it appropriate for testing account balances. On the other hand, attribute sampling is used to assess the rate of occurrence of a specific characteristic or attribute in a population, such as compliance with a control procedure, and does not focus on monetary amounts.
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