#2

Edwards has decided to use probability-proportional-to-size PPS) sampling in the audit of a client's accounts receivable balance. Few, if any, errors of overstatement are expected. Edwards plans to use the following PPS sampling table. (b) Calculate the sampling interval and the sample size Edwards should use, given the following informatiar: (c) Calculate total projected misstatement if the following three misstatements were discovered in a PPS sample when the sampling interval is $1,000. Edwards has decided to use probability-proportional-to-size PPS) sampling in the audit of a client's accounts receivable balance. Few, if any, errors of overstatement are expected. Edwards plans to use the following PPS sampling table. (b) Calculate the sampling interval and the sample size Edwards should use, given the following informatiar: (c) Calculate total projected misstatement if the following three misstatements were discovered in a PPS sample when the sampling interval is $1,000