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b Calculate the sample size and the sampling Interval using Table 8-5. Edwards should use for the following Information: (Use the tables, not IDEA, to
b Calculate the sample size and the sampling Interval using Table 8-5. Edwards should use for the following Information: (Use the tables, not IDEA, to solve for these problems. Round your interval answer to the nearest whole number.) Tolerable misstatement Expected misstatement Desired confidence level Recorded amount of accounts receivable $ 15,000 $ 6,000 95 % $300,000 Sample size Sampling interval es c Calculate the UML using Table 9-3 assuming that the following three misstatements were discovered in testing based on the MUS sample computed in part (b). (Use the tables, not IDEA, to solve for these problems. Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Misstatement Number Book Value Audit Value $ 400 $ 320 500 3 3,000 2,500 1 2 UML b Calculate the sample size and the sampling Interval using Table 8-5. Edwards should use for the following Information: (Use the tables, not IDEA, to solve for these problems. Round your interval answer to the nearest whole number.) Tolerable misstatement Expected misstatement Desired confidence level Recorded amount of accounts receivable $ 15,000 $ 6,000 95 % $300,000 Sample size Sampling interval es c Calculate the UML using Table 9-3 assuming that the following three misstatements were discovered in testing based on the MUS sample computed in part (b). (Use the tables, not IDEA, to solve for these problems. Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Misstatement Number Book Value Audit Value $ 400 $ 320 500 3 3,000 2,500 1 2 UML
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