Which of the following most likely would be an advantage in using classical variables sampling rather than probability-proportional-to-size (PPS) sampling?
- An estimate of the standard deviation of the population’s recorded amounts is not required.
- The auditor rarely needs the assistance of a computer program to design an efficient sample.
- Inclusion of zero and negative balances generally does not require special design considerations.
- Any amount that is individually significant is automatically identified and selected.