Below Are Some Situations in Which It Would Be Preferable

question 85

Short Answer

Below are some situations in which it would be preferable to use either monetary unit sampling or classical variables sampling.Using the letters M (for monetary unit sampling)or C (for classical variables sampling).
1___.Several sampling units in the population have a zero or negative balance.
2___.The auditor would like to examine a smaller number of items.
3___.The account balance is susceptible to understatement error.
4___.The account balance includes a few logical units with very large dollar balances.
5___.The auditor is able to form a reasonable estimate of the variability of the population.
6___.The auditor would like to ensure that the sampling method provides a conservative (higher)estimate of misstatement in the account balance.
7___.The account balance is susceptible to overstatement error.

---

Definitions:

Nude Female's Picture

An image depicting a woman without clothes, often considered in contexts ranging from art and photography to issues of privacy and consent.

Increased Heartbeat

A physiological response where the heart rate speeds up, which can occur due to various factors such as exercise, stress, or fear.

Variable-Interval Schedule

is a type of reinforcement schedule in which responses are rewarded after unpredictable time intervals, leading to consistent and stable response rates over time.

Fixed Amount of Time

A specific, unchangeable duration designated for a particular task or activity.