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1-When using monetary unit sampling, the actual total misstatement in a population is most likely to be closest to the: a-projected misstatement b-basic precision c-allowance

1-When using monetary unit sampling, the actual total misstatement in a population is most likely to be closest to the:

a-projected misstatement

b-basic precision

c-allowance for sampling risk

d-upper limit on misstatement

2- A normally distributed sample is assumed when using monetary sampling:

True or False

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