Monetary Unit Sampling (also known as Value Weighted Selection) is a statistical sampling method which is useful when sampling populations where the individual balances can vary widely in size
Here is a selection from a list of Receivables balances for Wibble:
The sampling size is 100 items.
Which balances will be selected for testing out of the ones shown?
A) i, iii, vi, vii
B) i, iv, v, vi
C) i, iv, vi, viii
D) i, v, vii, viii

Question

Monetary Unit Sampling (also known as Value Weighted Selection) is a statistical sampling method which is useful when sampling populations where the individual balances can vary widely in size
Here is a selection from a list of Receivables balances for Wibble:
 The sampling size is 100 items.
Which balances will be selected for testing out of the ones shown?
A) i, iii, vi, vii 
B) i, iv, v, vi 
C) i, iv, vi, viii 
D) i, v, vii, viii

Quizplus · Accepted Answer

The Answer of Monetary Unit Sampling (also known as Value Weighted Selection) is a statistical sampling method which is useful when sampling populations where the individual balances can vary widely in size
Here is a selection from a list of Receivables balances for Wibble:
 The sampling size is 100 items.
Which balances will be selected for testing out of the ones shown?
A) i, iii, vi, vii 
B) i, iv, v, vi 
C) i, iv, vi, viii 
D) i, v, vii, viii

Monetary Unit Sampling (Also Known as Value Weighted Selection) Is