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Assuming the following results: Number of items in sample 110 Total audited value of sample items $ 15,500 Total book value of sample items $

Assuming the following results: 

Number of items in sample 110 

Total audited value of sample items $ 15,500 

Total book value of sample items $ 16,600 

b-1. Use the ratio estimation method to calculate the projected misstatement of the population.

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ANS WER The projected mis statement of the population is 1 100 CALCULATION Usi... blur-text-image

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