Accounting · Audit Sampling Techniques
Which of the following descriptions accurately defines the 'systematic sampling' method used in auditing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A selection method where the auditor picks items without following any structured or structured-random technique
- 2A method in which the auditor selects a block or blocks of contiguous items from within the population
- 3A selection method that involves applying a constant sampling interval, where the starting point within the first interval is determined randomly✓
- 4A value-weighted selection method where the sample size, selection, and evaluation result in a conclusion expressed in monetary amounts
Correct answer
A selection method that involves applying a constant sampling interval, where the starting point within the first interval is determined randomly
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