You have been assigned to select an MUS sample from Whitney Company's detailed inventory records as of September 30. Whitney's controller gave you a list of the 23 different inventory items and their recorded book amounts. The senior accountant told you to select a sample of 10 dollar units and the inventory items that contain them.

ID Amount ID Amount ID Amount ID Amount

1 $ 1,750 7 $ 1,255 13 $ 937 19 $ 2,577

2 1,492 8 3,761 14 5,938 20 1,126

3 994 9 1,956 15 2,001 21 565

4 629 10 1,393 16 222 22 2,319

5 2,272 11 884 17 1,738 23 1,681

6 1,163 12 729 18 1,228

Prepare audit documentation showing a systematic selection of 10 dollar units and the related logical units. Arrange the items in their numerical identification number order and use a random starting point at the 1,210th dollar

2. What is the % of items that you are testing? _________________________

3. What is the % dollar amount of the transactions that you are testing with your sample of 10 items for this population? _____________________________

4. What the 4 primary advantages of using MUS Sampling?