One of the primary advantages of monetary unit sampling is the fact that
A) It is an effective method of sampling for evidence of understatement in asset accounts.
B) The sample selection automatically achieves high-value selection and stratification.
C) The sample selection provides for including a representative number of small-value components.
D) Expanding the sample for additional evidence is relatively simple.

Question

Quizplus · Accepted Answer

Monetary unit sampling automatically gives higher probability of selection to larger value items, effectively achieving high-value selection and stratification.

One of the Primary Advantages of Monetary Unit Sampling Is