Which one of the following statements regarding monetary-unit sampling (MUS)is NOT true?
A) An account with a large balance has a greater chance of being included in the sample than an account with a small balance.
B) There is no need to use stratified sampling with MUS; it occurs automatically.
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

The sampling unit in monetary-unit sampling (MUS) is actually the individual dollar (or other currency unit), not the account balance as a whole. This method inherently emphasizes larger balances because each dollar has an equal chance of selection, meaning larger balances contribute more dollars (and thus more chances) to the sample.

Which One of the Following Statements Regarding Monetary-Unit Sampling (MUS)is