PROBABILITY PROPORTIONAL TO SIZE SAMPLING (PPS) Definition

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PROBABILITY PROPORTIONAL TO SIZE SAMPLING (PPS) is a sampling plan that bases the likelihood of selecting a particular account on the relative size of that account, so larger accounts have a greater probability of being selected for the sample than smaller accounts. Also known as dollar unit.

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RAM is Random-Access Memory.

CONDENSED FINANCIAL STATEMENTS are presented in considerably less detail than complete financial statements.

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