K.Brown,CPA,was using monetary unit sampling (MUS) to audit an inventory of $3,000,000 composed of 6,000 items.A sample size of 500 was determined and a tolerable misstatement of $20,000 was established.The sampling interval would be
A) $500.
B) $5,000.
C) $6,000.
D) $20,000.
Correct Answer:
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