Which of the following statements regarding monetary unit sampling (MUS) is not true: Group of answer choices A. There is no need to use stratified sampling with MUS. It occurs automatically. B. An account with a large balance has a greater chance of being included in the sample than an account with a small balance. C. The sampling unit in MUS is the account balance. D. MUS automatically places emphasis on physical units with larger recorded balances.
Which of the following statements regarding monetary unit sampling (MUS) is not true: Group of answer choices A. There is no need to use stratified sampling with MUS. It occurs automatically. B. An account with a large balance has a greater chance of being included in the sample than an account with a small balance. C. The sampling unit in MUS is the account balance. D. MUS automatically places emphasis on physical units with larger recorded balances.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
N3.
Which of the following statements regarding monetary unit sampling (MUS) is not true:
Group of answer choices
A. There is no need to use stratified sampling with MUS. It occurs automatically.
B. An account with a large balance has a greater chance of being included in the sample than an account with a small balance.
C. The sampling unit in MUS is the account balance.
D. MUS automatically places emphasis on physical units with larger recorded balances.
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