Variables vs. attributes sampling - Page 2

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  • #180212

    I’m confused why letter b. is not correct.

    An auditor examining inventory most likely would use variables sampling rather than attributes sampling to:

    a. Determine whether discounts for inventory are properly recorded.

    b. Discover whether misstatements exist in inventory records.

    c. Estimate whether the dollar amount of inventory is reasonable.

    d. Identify whether inventory items are properly priced.

    Thanks!

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  • #457339
    leafs43
    Member

    Easy way to remember it:

    Variable sampling = numbers

    Attribute sampling = not numbers

Viewing 16 replies (of 16 total)
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