An auditor is performing substantive procedures of pricing and extension of perpetual inventory balances consisting of a large number of items. Past experience indicates numerous pricing and extension errors. Which of the following statistical sampling approaches is most appropriate?
A)Unstratified mean-per-unit.
B)Monetary-unit sampling.
C)Stop or go.
D)Difference projection.

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The Answer of An auditor is performing substantive procedures of pricing and extension of perpetual inventory balances consisting of a large number of items. Past experience indicates numerous pricing and extension errors. Which of the following statistical sampling approaches is most appropriate?
A)Unstratified mean-per-unit.
B)Monetary-unit sampling.
C)Stop or go.
D)Difference projection.

An Auditor Is Performing Substantive Procedures of Pricing and Extension