Question: What audit tests do you think would be most appropriate for monetary unit sampling? (a) To select a sample of debtors to confirm their balances.

What audit tests do you think would be most appropriate for monetary unit sampling?

(a) To select a sample of debtors to confirm their balances.

b) To ensure an appropriate level of management has reviewed all invoices.

(c) To select a sample of creditors to circularise.

(d) To check that all wages payments made during the year are bona fide.

Choose the best answer.

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