Which of the Following Is Not an Advantage Associated with Monetary

question 71

Multiple Choice

Which of the following is not an advantage associated with monetary unit sampling (MUS) ?

• A)MUS methods typically include transactions or components reflecting relatively large dollar amounts.
• B)MUS methods are more effective in identifying overstatement errors.
• C)MUS methods provide a conservative (higher)estimate of misstatement in the account balance or class of transactions.
• D)MUS methods typically result in relatively small sample sizes.