The auditor is concerned with the audited value rather than the misstatement amount of each item in the sample when using
A) difference estimation.
B) mean-per-unit estimation.
C) ratio estimation.
D) monetary unit sampling.

Question

Quizplus · Accepted Answer

Mean-per-unit estimation focuses on the average value of items in the sample, which is then extrapolated to the entire population, making the auditor concerned with the audited value of each item rather than the specific misstatement amount.

The Auditor Is Concerned with the Audited Value Rather Than