Reply as to whether you believe the following statements are correct $($C$)$ or incorrect $($I$)$ concerning monetary unit sampling.

Required:

a$.$ The size of a monetary unit sample is not based on the estimated variation of audited amounts.

b$.$ MUS results in a stratified sample.

c$.$ Individually significant items are automatically identified.

d$.$ MUS results in a smaller sample size when numerous small misstatements are expected.

e$.$ If few misstatements are expected, MUS will usually result in a smaller sample size than classical variables sampling methods.

f$.$ One does not need a book value for individual items to evaluate a monetary unit sample.

g$.$ A MUS eliminates the need to project results to the overall population.

h$.$ MUS is "preferred" by professional standards.

$\backslash$table$[[,$Statement concerning monetary unit sampling,Correct or Incorrect?$],[$a$.,$The size of a monetary unit sample is not based on the estimated variation of audited amounts.,$],[$b$.,$MUS results in a stratified sample.,$],[$c$.,$Individually significant items are automatically identified.,$],[$d$.,$MUS results in a smaller sample size when numerous small misstatements are expected.,$],[$e$.,\backslash$table$[[$If few misstatements are expected, MUS will usually result in a smaller sample size than classical$],[$variables sampling methods.$]],],[$f$.,$One does not need a book value for individual items to evaluate a monetary unit sample.,$],[$g$.,$A MUS eliminates the need to project results to the overall population.,$],[$h$.,$MUS is "preferred" by professional standards.,$]]$