Assume that a sample of 100 units was obtained in sampling the inventory in Question. Assume further
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Calculate adjusted misstatement bounds for the population. Draw audit conclusions based on theresults.
Transcribed Image Text:
Misstatement Recorded Value S 897.16 1,621.68 Audited Value S 609.16 1,522.68 47.02 0
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Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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