If an Audit Team Performing a Monetary Unit Sampling Application

question 41

Multiple Choice

If an audit team performing a monetary unit sampling application selects a sample using a systematic random selection method,which of the following is true with respect to accounts with a balance greater than the sampling interval?

• A) They have a 100% probability of being selected.
• B) They have no probability of being selected.
• C) They have a greater than 50% probability of being selected.
• D) They have a less than 50% probability of being selected.

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Definitions:

Cultural Capital

Non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.

Bourdieu

A French sociologist, anthropologist, and philosopher known for his work on habitus, cultural capital, and social fields.

Deadnaming

The act of using the birth or previous name of a transgender or non-binary person without their consent, often considered disrespectful and invalidating.

Transgender

Those who deviate from the binary (that is, male or female) system of gender.