In testing the reasonableness of account balances,MUS sampling is preferred because it provides a smaller sample size.Which of the following are limitations of using the MUS sampling method?
A)tests for overstatement.
B)zero and negative amounts.
C)numerous misstatements.
D)all of the above.

Question

Quizplus · Accepted Answer

MUS sampling is limited because it primarily tests for overstatements, struggles with zero and negative balances, and can be inefficient with numerous misstatements.

In Testing the Reasonableness of Account Balances,MUS Sampling Is Preferred