An Auditor Uses Monetary Unit Sampling with a Sampling Interval

question 43

Multiple Choice

An auditor uses monetary unit sampling with a sampling interval of $20,000 and detects an item with a recorded amount of $10,000 with an audited value of $4,000. The projected misstatement of the sample is

• A) $12,000.
• B) $6,000.
• C) $10,000.
• D) $3,000.

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Definitions:

Externalizing Behavior

Behaviors that are outwardly directed and may include aggression, disobedience, or other forms of acting out.

Educational Difficulties

Challenges or barriers within learning environments that impede the academic progress or achievement of students.

Attention Problems

Difficulties in maintaining focus on tasks or activities, which can interfere with learning and daily functioning.

Disorganized-disoriented Attachment

A category of attachment characterized by inconsistent and erratic behaviors toward caregivers, often seen in situations of neglect or abuse.