A company has an inventory with a book value of $4,583,231, which includes 116 product lines and

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A company has an inventory with a book value of $4,583,231, which includes 116 product lines and a total of 326,432 units. How many items compose this population for purposes of applying a probability-proportional-to-size sampling plan? Explain.

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Oct 25, 2014 06:03 AM

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A company has an inventory with a book value of $4,583,231, which includes 116 product lines and

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Principles of Auditing and Other Assurance Services

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