Question
Auditing 9A-11 Explain the Conclusion Conclusion: Based on the combined sample, the most likely total overstatement in the combined population is 1,191.87, and the most
Auditing
9A-11
Explain the Conclusion
Conclusion:
Based on the combined sample, the most likely total overstatement in the combined population is 1,191.87, and the most likely total understatement is 0.00.You can infer with a confidence of 95.00% that the total overstatement in the combined population does not exceed 22,636.92, and that the total understatement in the combined population does not exceed 20,986.97.
9A-14
Explain the Conclusion
Conclusion:
Based on the combined sample, the most likely total overstatement in the combined population is 9,559.99, and the most likely total understatement
is 0.00. You can infer with a confidence of 95.00% that the total overstatement in the combined population does not exceed 28,168.38, and that the
total understatement in the combined population does not exceed 14,736.00.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started