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IIA-CIA-Part2 Exam - Question 327


Which of the following is one of the key differences between probability-proportional-to-size sampling (PPS) and attribute sampling?

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Correct Answer: AB

PPS sampling, also known as dollar-unit sampling, is primarily used to make conclusions about monetary amounts, while attribute sampling is used to determine the rate of occurrence of specific attributes within a population. Consequently, PPS sampling is suitable for testing substantive balances, whereas attribute sampling is commonly used in tests of controls.

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lely55Option: A
Nov 18, 2023

From Gleim, one of the attribute sampling characteristics that it's not used to estimate a monetary amount.