Monetary-unit sampling selects individual dollars as the sampling unit, but in practice auditors do not audit individual dollars.

Question

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Monetary-unit sampling (MUS) uses dollars as the sampling unit and quantifies the amount of sampling risk in monetary terms. However, in practice, auditors generally do not audit individual dollars but use statistical sampling techniques to select and audit representative samples of monetary units. These samples help auditors to draw conclusions about the entire population of transactions or balances.

Monetary-Unit Sampling Selects Individual Dollars as the Sampling Unit, but in Practice