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ACCT 107 You have decided to sample Accounts Receivable as part of the audit of Clean Machines, in You will be using nonstatistical sampling. The

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ACCT 107 You have decided to sample Accounts Receivable as part of the audit of Clean Machines, in You will be using nonstatistical sampling. The book value of A/R is $2,000,000. Tolerable misstatement is set at $50,000. Expected misstatement is $20,000. You select customer account balances as the sampling unit. You decide to stratify the population. Stratum Number and Size of Accounts 10 accounts > $40,000 50 accounts $10,000-$40,000 120 accounts $40,000 50 accounts $10,000-$40,000 120 accounts

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