Audit sampling…quick study question

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    Topic
  • #166445
    Anonymous
    Inactive

    For those who have taken audit…should I spend a lot of time memorizing formula’s for Variables Sampling plans (Mean-per-Unit, Ratio, and Difference Estimation) along with PPS formula? Is just knowing their basic characteristics/uses for the theory questions enough?

    Thanks! I sit friday…going through my final review.

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  • #324111
    Tebowwwww
    Member

    I think you'd be better off understanding the concepts and not worrying about memorizing the forumlas. I didn't memorize them and I did fine.

    REG (7/7/11) 75
    FAR (7/28/11) 76
    BEC (8/27/11) 81
    AUD (10/15/11, 1/20/12) 63, 91

    DONE!!!

    #324112
    jeff
    Keymaster
    #324113
    jenuno01
    Member

    Agreed. Don't bother memorizing. Understand how the different methods work, when they are used, what type of data, etc

    Class of 2012

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