Chapter 9, Problem 9.10RQ

To determine

Concept Introduction:

Audit sampling: sampling is the method of selecting few items to check from the entire population under examination. Auditors apply sampling method while performing their audit procedures. Sampling can be statistical or non statistical. When each item of the population is treated as a sample unit, it called as classical variable sampling.

To Define: the decision rule for determining the acceptability of sample result using classical variable sampling