Which of the following circumstances would not be the appropriate approach to use monetary unit sampling (MUS) ?
A) the need to select a sample based on an item's dollar amount
B) tolerable misstatement
C) sampling interval
D) tainting percentage
Correct Answer:
Verified
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
Q20: Auditors use sampling to gather evidence to:
A)
Q21: Whenever sampling is used, there is always
Q23: Statistical sampling deals with:
A) each item in
Q24: In sample selection, judgement sampling deals with:
A)
Q25: The population for monetary unit sampling (MUS)
Q26: Auditors use sampling to gather evidence to:
A)
Q27: In determining the appropriate sample size an
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