edwards has decided to use monetary-unit sampling in the audit

Project Description:

edwards has decided to use monetary-unit sampling in the audit of a client’s accounts receivable balance. few, if any, misstatements of account balance overstatement are expected. requireda. identify the advantages of using monetary-unit sampling over classical variables sampling.b. calculate the sample size and the sampling interval edwards should use for the following information: c. calculate the uml assuming that the following three misstatements were discovered in an mus sample.
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