Question: An auditor used monetary unit sampling (MUS) when testing accounts receivable. The gross A/R account balance totaled $10million. The auditor's sample for this account was

An auditor used monetary unit sampling (MUS) when testing accounts receivable. The gross A/R account balance totaled $10million. The auditor's sample for this account was $1 million, and the auditor found a $49,999.99 misstatement in this sample. Assuming tolerable misstatement for the account is $500,000, is the account materially misstated?

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