If an Audit Team Performing a Monetary Unit Sampling Application

question 33

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

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