The auditors best estimate of the misstatement in a population based on the misstatement found in a

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The auditor’s best estimate of the misstatement in a population based on the misstatement found in a sample drawn from the population is called a:

a. Factual misstatement.

b. Judgmental misstatement.

c. Confirmation misstatement.

d. Projected misstatement.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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