In Monetary Unit Sampling, a Sampling Interval of 900 Means

question 108

Multiple Choice

In monetary unit sampling, a sampling interval of 900 means that

• A) every 900th item will be selected.
• B) every 900th dollar in the account will be sampled.
• C) expected misstatement is 900.
• D) tolerable misstatement is 900.

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Definitions:

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