Mean per Unit (MPU) Estimation involves _______.
A)sampling involving determining an audit value for each item in the sample
B)complicated statistical regression techniques
C)complicated non-statistical regression techniques
D)procedures completed by the client's legal counsel

Question

Quizplus · Accepted Answer

MPU estimation involves determining an audit value for each item in the sample, which is typically done through sampling. Complicated statistical or non-statistical regression techniques may be used for other types of estimation. Legal counsel would typically not be involved in the MPU estimation process.

Mean Per Unit (MPU) Estimation Involves _______