Terry and Monique, two audit staff associates, are working on the audit of Peabody Enterprises, a large, national retailer of frozen foods. Terry has been assigned to the audit of the clients' notes receivable balances and has noted that there is a wide variance in the terms and balances of the various notes. At lunch one day, he is discussing this with Monique, and asks for her advice on how he migh approach the task of selecting an audit sample. Which of the following would be the MOST appropriate advice from Monique? Monique should advise Terry that the best course of action with respect to audit sampling would be to stratify the Monique should explain to Terry that he should consider auditing the entire population of notes receivables, as the wide variance in balances might be indicative of fraud. Monique should advise Terry that the best course of action with respect to audit sampling would be to consider obtaining multiple samples and comparing them against each other to look for variances. None of the choices is correct