Question

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.



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  • CreatedOctober 27, 2014
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