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

question 88

Multiple Choice

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

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

---

Definitions:

Intuitive Judgment

A decision-making process that relies on immediate, gut reactions rather than deliberate, logical analysis.

Ivy League College

A prestigious group of eight private universities in the northeastern United States known for their rigorous academic programs and selective admissions.

Chess Set

A collection of game pieces and a board used for playing chess, a strategic two-player board game.

Black Pieces

In games like chess and checkers, the set of pieces designated by the color black, typically controlled by one of the two players.