When confirming receivables in testing for overstatements,there are few or no misstatements expected,and the selection is based on dollars,the auditor is likely to use
A)MUS sampling.
B)stratified mean-per-unit sampling.
C)ratio estimation sampling.
D)attribute sampling.

Question

Quizplus · Accepted Answer

MUS sampling (Monetary Unit Sampling) is appropriate when there are few or no misstatements expected and the selection is based on dollars. MUS assumes that each dollar is equally likely to be selected, so it is appropriate when the auditor wants to focus on larger-dollar accounts or transactions.

When Confirming Receivables in Testing for Overstatements,there Are Few or No