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Question :
Matching Questions
80.Auditors have a variety of sampling approaches available. For : 1412430

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**Matching Questions**

80.Auditors have a variety of sampling approaches available. For each approach in the first column, identify the correct statement in the second column. Each statement may be used once, more than once, or not at all.

1. Discovery sampling The most frequently used general method that arrives at an estimated deviation rate.

2. Probability-proportional-to-size sampling A classical method that uses both the audited and book values of items in the sample to obtain an estimated total audited value.

3. Difference estimation sampling A method that is most effective in circumstances in which auditors expect a very low rate of occurrence of some critical deviation (e.g., a fraudulent cash disbursement).

4. Mean-per-unit estimation sampling A method that defines the sampling unit as each individual dollar.

5. Ratio estimation sampling A classical method that uses only the audited values of items in the sample (not the book values) to obtain an estimated total audited value.

6. Attributes sampling A classical method that uses both the audited and book values of items in the sample to obtain an estimated total audited value.

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