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  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 9: Audit Sampling: An Application to Substantive Tests of Account Balances
  5. Question
    The Objective of Monetary-Unit Sampling Is to Test the Assertion
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The Objective of Monetary-Unit Sampling Is to Test the Assertion

Question 46

Question 46

True/False

The objective of monetary-unit sampling is to test the assertion that no material misstatements exist in an account balance or class of transactions.

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