Why do auditors find MUS appealing?
A) MUS increases the likelihood of selecting a balance of high and low dollar items.
B) MUS is easy to use in the audit environment.
C) MUS provides a nonstatistical, rather than a statistical, conclusion.
D) When misstatements are found, MUS rarely produces bounds in excess of materiality.

Question

Quizplus · Accepted Answer

MUS (Monetary Unit Sampling) is appealing to auditors because it is easy to use in the audit environment, allowing for efficient sampling and evaluation of account balances.

Why Do Auditors Find MUS Appealing