Why difference estimation is commonly used by auditors


Response to the following questions:

1. Distinguish among difference estimation, ratio estimation, mean-per-unit estimation, and stratified mean-per-unit estimation. Give one example in which each can be used. When is MUS preferable to any of these?

2. Explain why difference estimation is commonly used by auditors.

 

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Auditing: Why difference estimation is commonly used by auditors
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