AUDITING+ASSURANCE SERVICES (LL)
AUDITING+ASSURANCE SERVICES (LL)
11th Edition
ISBN: 9781266448119
Author: MESSIER
Publisher: MCG
Question
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Chapter 9, Problem 9.4RQ
To determine

Concept Introduction:

Sampling is the method of selecting few items to check from the entire population under examination. Auditors apply sampling method while performing their audit procedures.

Sampling can be statistical or non statistical.

To indicate: the advantages and disadvantages of monetary unit sampling.

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Summarize the concept behind monetary-unit sampling (MUS). How does MUS use attribute-sampling theory?
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