W hat is the most appropriate statistical sampling technique

W hat is the most appropriate statistical sampling technique for locating at least one fraudulent cash disbursement.

A. Attribute sampling
B. Discovery sampling
C. Acceptance sampling
D. Dollar value sampling

Solution

Discovery sampling is a sampling technique where the probability of finding at least one item that occurs very rarely in the sampling population. This type of sampling is generally used to detect frauds, pitfalls in internal controls.

There fore the most appropriate statistical sampling technique for locating at least one fraudulent cash disbursement is discovery sampling.

The correct option is (b) , Discovery Sampling.