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Monetary-Unit Sampling Is Said to Eliminate the Need to Stratify

Question 5

Multiple Choice

Monetary-unit sampling is said to eliminate the need to stratify the sample because


A) Sample items are selected in proportion to their dollar amount.
B) The risk of incorrect acceptance is inversely related to sample size.
C) Tolerable misstatement is considered when determining sample size.
D) The upper limit on misstatements can be computed based on statistical principles.

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