expand icon
book Auditing & Assurance Services 6th Edition by Timothy Louwers cover

Auditing & Assurance Services 6th Edition by Timothy Louwers

Edition 6ISBN: 978-0077862343
book Auditing & Assurance Services 6th Edition by Timothy Louwers cover

Auditing & Assurance Services 6th Edition by Timothy Louwers

Edition 6ISBN: 978-0077862343
Exercise 219
The unique feature of monetary unit sampling is that
A) Sampling units are not chosen at random.
B) A dollar unit selected in a sample is not replaced before the sample selection is completed.
C) Auditors need not worry about the risk of incorrect acceptance decision.
D) The population is defined as the number of monetary units in an account balance or class of transactions.
Explanation
Verified
like image
like image

Therefore,...

close menu
Auditing & Assurance Services 6th Edition by Timothy Louwers
cross icon