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An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000. The auditor
An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000. The auditor plans to use a monetary-unit sampling plan with systematic sample selection. To ensure that all accounts with balances of at least $15,000 are selected, the sampling interval should be .
Please provide explanation
a.6
b. 20
c. 12,000
d. 15,000
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