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hello and welcome to the session this is professor farhat in which we would look at the monetary unit sampling specifically the tolerable and the upper statement bound this topic is covered on the cpa auditing exam and im going to show this in a form of a simulation and an auditing course whether its a graduate or undergraduate courses this topic is challenging for many students because they dont like statistics and when you combine statistics with accounting it turns people off and often students dont learn this in college and when they get to the cpa exam they struggle on this topic so hopefully through this example i can make it easier for you but if you want to learn more about this topic visit my auditing course auditing and attestation course where you would learn the basics because this is an exercise where you would learn the basic the explanation of what i will be doing today although today i will explain what im doing but if you want more knowledge please visit my websi