Which if the following is not a weakness of monetary unit sampling (MUS) ?
A) MUS is generally easier to apply than other statistical sampling approaches
B) MUS is not designed to test for understatement of a population
C) Identified understatements in the MUS sample require special considerations.
D) Selection of zero or negative balances require special design considerations.
Correct Answer:
Verified
Q9: Audit sampling is used to obtain evidence
Q10: Which of the following is not a
Q11: In non-statistical sampling which of the following
Q12: Non-statistical sampling may be utilised for:
Q13: In monetary unit sampling (MUS), the expected
Q15: In monetary unit sampling (MUS), which of
Q16: In monetary unit sampling (MUS), which of
Q17: Sampling is a very important procedure that:
A)
Q18: Monetary unit sampling (MUS) has all of
Q19: A major disadvantage of monetary unit sampling
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