One advantage of using MUS is It is relatively simple It aut

One advantage of using MUS is It is relatively simple It automatically tests for understatements Most auditors use it frequently It automatically leads to testing the largest accounts

Solution

Yes its us true , MUS is very much useful for testing overstatements. Internal auditors use for overstatement checking. It is also called probability - proportional to size sampling.It is best used for receivables and inventory. In this sampling selection probability is directly linked, ie size proportional. For making subgroups of big target population.