[Solved] Which of the Following Does Not Represent a Difference in the Use

Question 102
Multiple Choice

Which of the following does not represent a difference in the use of monetary unit sampling (MUS)and classical variables sampling?

A) Classical variables sampling incorporates the acceptable risk of incorrect rejection in determining the sample size but MUS does not.
B) The need to formally stratify the sample is more important in MUS than classical variables sampling.
C) MUS is more likely to be used in examining accounts likely to contain overstatement errors than classical variables sampling.
D) The risk of incorrect acceptance is of primary concern to the auditor in MUS but not in classical variables sampling.

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Accounting Homework Help with various study sets and a huge amount of quizzes and questions


Study sets





Upload material to get free access

Upload Now Upload Now
Upload Now

Invite a friend and get free access

Upload NowInvite a friend
Invite a friend

Subscribe and get an instant access

See our plansSee our plans
See our plans