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1. The auditors have sampled 50 accounts from a population of 1,000 accounts receivable. The sample items have a mean book value of $200
1. The auditors have sampled 50 accounts from a population of 1,000 accounts receivable. The sample items have a mean book value of $200 and a mean audited value of $203. The book value in the population is $198,000. What is the estimated total audited value of the population using the difference method? Multiple Choice $198,000. $200,000. $201,000. $203,000.
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Human Resource Management
Authors: John Ivancevich, Robert Konopaske
12th edition
9780077496906, 78029120, 77496906, 978-0078029127
