How Does Monetary Unit Sampling (MUS)ensure That Larger Dollar Components

question 63

Multiple Choice

How does monetary unit sampling (MUS) ensure that larger dollar components are selected for examination?

• A) MUS sampling requires the auditor to identify all items having a balance greater than performance materiality prior to beginning the sample selection process.
• B) MUS sampling requires the auditor to stratify the sample into larger and smaller dollar components prior to beginning the sample selection process.
• C) MUS sampling defines the sampling unit as an individual dollar within an account balance or class of transactions.
• D) MUS sampling selects components having larger balances in the prior audit.

---

Definitions:

Cognitive Systems

Advanced computer systems or software models that mimic human thought processes, capable of learning, reasoning, and problem-solving to assist in decision-making.

Supply Chain Analytics

The use of data analysis tools and techniques to improve decision-making processes and efficiency within the supply chain, from procurement to delivery.

Sophistication

Refers to the complexity, advanced nature, or level of development of something, such as technology, processes, or systems.

Robustness

Refers to the ability of a system or process to remain effective under a wide range of conditions or stresses.