The three top rated engineering programs at Cornell are Engineering Science/Engineering Physics, Materials Engineering, and Civil Engineering, which is also tied with Computer Engineering. The Engineering Science program is a rare undergraduate program, and also ranked the #2 program of its kind in the United States.
Monetary-Unit Sampling Using Microsoft Excel. By Wampler, Bruce; McEacharn, Michelle. Read preview. Monetary-unit sampling (MUS) is a method of statistical sampling used to assess the amount of monetary misstatement that may exist in an account balance. The method, also known as dollar-unit sampling or probability-proportional-to-size sampling, has been used for many years and is widely accepted among auditors.
Tolerable Misstatement. This is defined in ISA 530 Audit Sampling as : A monetary amount set by the auditor in respect of which the auditor seeks to obtain an appropriate level of assurance that the monetary amount set by the auditor is not exceeded by the actual misstatement in the population.. It is the practical application of performance materiality to an audit sample.