When using MUS,an auditor found that the sampling interval should be $15,755.If selecting the sample manually,the auditor should round the sample interval to which of the following amounts?
A)$16,000.
B)$15,000.
C)$14,000.
D)$10,000.

Question

Quizplus · Accepted Answer

When selecting the sample manually, it is recommended to round the sampling interval to the nearest lower multiple of 1,000. Therefore, the sampling interval should be rounded to $15,000. This ensures that the sample selection is systematic and unbiased. Rounding to $16,000 would result in oversampling, while rounding to $14,000 or $10,000 would result in undersampling.

When Using MUS,an Auditor Found That the Sampling Interval Should