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Matching

Question 34

Matching

Matching

Premises:
an individual dollar
the total of the projected misstatement plus the allowance for sampling risk
the account or transaction that contains the selected dollar
the difference between monetary amounts in the client's records and amounts supported by audit evidence
Responses:
Mus logical unit
MUS Sampling unit
MUS Upper misstatement limit
MUS misstatement

Correct Answer:

an individual dollar
the total of the projected misstatement plus the allowance for sampling risk
the account or transaction that contains the selected dollar
the difference between monetary amounts in the client's records and amounts supported by audit evidence
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