This method of sampling is also called probability proportionate to size (PPS) sampling

Related MCQs

• Sampling interval is calculated in this kind of sampling
• Extrapolation of sampling results to the population is possible in the case of Judgmental Sampling.
• Which method of sampling is expected to produce representative samples?
• Which method of sampling is not expected to produce representative samples?
• Which kind of audit sampling is generally used for testing controls?
• A pre-condition for any statistical sampling is the availability of a _______
• Population is divided into groups, each being fairly homogenous with respect to value and risk in this kind of sampling
• The general audit objectives are also called
• Reflecting all the transactions relating to the period of the accounts without regard to the actual date of payment or receipt is also called
• Policies, systems and procedures established by Comptroller and Auditor General to maintain a high standard of audit activity are also called