A Comparison of the Basket Method and Dollar Unit Sampling for Contract Change Order Negotiations
Abstract
The Basket Method and Dollar Unit Sampling techniques are examined to determine which of them draws a sample which allows a more accurate estimate of a population to be made. The several populations used in the simulation have errors planted to represent both random honest mistakes and weighted dishonest mistakes. The author concludes that the Basket Method has a more desireable accuracy pattern than the Dollar Unit Sampling Technique. Keywords: Auditing; Theses.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1986
- Accession Number
- ADA178046
Entities
People
- James P. Tortorelli
Organizations
- Naval Postgraduate School