Is targeted testing same as value weighted sampling If not,what is the difference between them ?
No. Target testing scope includes -target whole account or specific part of it; select higher risk items; or select all items over a certain amount to verify a large proportion of population amt. Target testing is preferred method for test of details. Target testing is not appropriate if population is entirely homogenous or has uniform items. Value-Weighted Selection â?? First dividing population on the basis of monetary value, for example high value, mid value and low value and then selecting more items from high value item group as compared to others