Monetary unit sampling is appropriate to use when testing assets, but not when testing liabilities. True False When using monetary unit sampling (MUS), anticipated misstatements affect sample size. True False ake, your staff auditor, documented the following in connection with his audit of iventory at the balance sheet date. "I sent confirmations to all vendors from whom iventory was purchased during the year. This procedure provides the most reliable evidence regarding the Existence of ending inventory." What would be your eedback to Jake? Confirmation with vendors from whom inventory was purchased will obtain reliable evidence regarding the Existence of ending inventory. However, it would have been more efficient to send confirmations to a sample of vendors instead of all of them. Physical inspection provides the most reliable evidence regarding the Existence of ending inventory. Vendors from whom inventory was purchased cannot confirm the client's ending inventory balance. Great work! Physical inspection provides the most reliable evidence regarding the Existence of ending inventory. Physically inspecting inventory also provides evidence regarding the assertion of Rights to the inventory recorded