When Using MUS Sampling,an Auditor Found That the Sampling Interval

question 36

Multiple Choice

When using MUS sampling,an auditor found that the sampling interval should be $15,755.If selecting the sample manually,the auditor should round the sample interval to

• A)$16,000.
• B)$15,000.
• C)$14,000.
• D)$10,000.

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Definitions:

Proprietor's Income

The income earned by the owner of a sole proprietorship, which consists of the profits generated by the business.

Production Factor

An input used in the manufacturing of goods or services, typically categorized into land, labor, and capital.

College

An educational institution or a constituent part of one that offers undergraduate and, in some cases, postgraduate degrees.

Marginal Product

The additional quantity of output produced by using one more unit of a given input.