Multiple Choice
A test of balance procedure is being performed on the spare parts inventory listing.The listing consists of 10 items that equal or exceed performance materiality and 55 items that are less than materiality.What would be an appropriate sampling approach in this case?
A) Select a randomly sample from all 65 items contained in the inventory list.
B) Select a small sample from 10 items over materiality and a larger sample from the remaining 55 items.
C) Test all 10 items at or above materiality,then select a random sample from the remaining 55 items.
D) Test all 10 items at or above materiality only,as the remaining items are each immaterial.
Correct Answer:
Verified
Correct Answer:
Verified
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