IIA-CIA-Part2 Exam QuestionsBrowse all questions from this exam

IIA-CIA-Part2 Exam - Question 321


Which of the following attribute sampling methods would be most appropriate to use to measure the total misstatement posted to an accounts payable ledger?

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Correct Answer: BC

Probability-to-proportional size sampling is most appropriate for measuring the total misstatement posted to an accounts payable ledger because it focuses on the size of the items being tested. This method is particularly useful when larger misstatements are of greater concern, which aligns with the need to measure total misstatements in financial accounts. Classical variable sampling (suggested answer) is generally used for estimating the monetary value of a population, but probability-to-proportional size sampling is more aligned with detecting significant misstatements.

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ellen2580Option: D
Oct 23, 2023

why not D?