Question
Assume an auditor has 100,000 accounts and wants to know the average account payable's value.They decide to pull a sample and want the results to
Assume an auditor has 100,000 accounts and wants to know the average account payable's value.They decide to pull a sample and want the results to be within $75 of the correct figure. The standard deviation they are expecting from the sample is $300. How many accounts do they need to check?
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
4th Edition
1119607515, 978-1119607519
