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Author Question: Which of the following isnota problem with monetary unit selection? (Read 37 times)

Scollins7

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on: Aug 21, 2022

Question 1

Which balance-related audit objective cannot be assessed using monetary unit sampling?
◦ accuracy
◦ completeness
◦ existence
◦ All of these can be assessed using monetary unit sampling.

Question 2

Which of the following is not a problem with monetary unit selection?
◦ population items with a zero recorded balance
◦ population items that should have a zero balance but do not
◦ accounts with negative balances
◦ accounts with small recorded balances that are significantly understated
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Scollins7 on Aug 21, 2022

risolinick@gmail.com

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Scollins7

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

bulacsom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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