Which one of the following statements regarding monetary- unit sampling (MUS) is NOT true?
A) There is no need to use stratified sampling with MUS. It occurs automatically.
B) An account with a large balance has a greater chance of being included in the sample than an account with a small balance.
C) MUS automatically places emphasis on physical units with larger recorded balances.
D) The sampling unit in MUS is the account balance.

Question

Quizplus · Accepted Answer

In monetary-unit sampling (MUS), the sampling unit is not the account balance but rather the individual monetary units within the account.

Which One of the Following Statements Regarding Monetary- Unit Sampling