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Monetary unit selection – selecting items based upon monetary values
(usually focusing on higher value items).
DOUBTS – how is monetary unit selection a statistical sampling method or even a sampling methods?Since sampling requires all items in the population to have a chance of selection by using the above method the samples with lower monetary value do not have a chance of selections so how is monetary unit selection a sampling method
Please appreciate that this forum is not an alternative to availing yourself of the notes – if you download https://opentuition.com/acca/aa you will find that the contents are linked to the chapters and the pdfs are searchable. The illustration of MUS on page 67 clearly illustrates that even the smallest invoices have chance of selection – and of the four shown to be selected in fact only exceeds the interval.