Question

which of the following does not represent a difference between the use of various approaches to classical variables sampling? multiple choice the use of mean-per-unit estimation typically results in a larger standard deviation than the use of either difference estimation or ratio estimation. the use of difference and ratio estimation normally provides smaller sample sizes than the use of mean-per-unit estimation. the use of difference and ratio estimation requires the auditor to expect a certain number of differences to exist in the population while the use of mean-per-unit estimation does not. the use of mean-per-unit estimation requires a reliable measure of recorded balance while the use of difference and ratio estimation does not.

Answer 1

The correct statement that does not represent a difference between various approaches to classical variables sampling is that the use of mean-per-unit estimation requires a reliable measure of recorded balance, while difference and ratio estimation do not.

Step-by-step explanation:

The statement that does not represent a difference between the use of various approaches to classical variables sampling is: the use of mean-per-unit estimation requires a reliable measure of recorded balance while the use of difference and ratio estimation does not.

Mean-per-unit estimation, difference estimation, and ratio estimation are methods used in auditing for variables sampling. They each have implications regarding the size of the sample required, the standard deviation, and the expectation of differences in the population.

For example, mean-per-unit estimation typically results in a larger standard deviation than the other two methods, resulting in larger samples needed. However, it doesn't require auditors to expect a certain number of differences to exist in the population. In contrast, difference and ratio estimation expects differences and typically results in smaller required sample sizes due to their more focused approach.