Question
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
| 6 | ||
| 20 | ||
| 12,000 | ||
| 15,000 |
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Auditing Employee Management
Authors: Kelli W. Vito, SPHR, CCP
1st Edition
0894137190, 9780894137198
