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Need help on these 2 questions, thank you. Question 11 View Policies Current Attempt in Progress When planning a classical variables sample, the risk of
Need help on these 2 questions, thank you.
Question 11 View Policies Current Attempt in Progress When planning a classical variables sample, the risk of incorrect acceptance and the risk of incorrect rejection are related to what general factor that influences sample size? Tolerable misstatement. Expected misstatement. O The desired level of assurance from the sample. O The use of stratification when sampling. Question 10 View Policies Current Attempt in Progress An auditor uses nonstatistical ratio estimation to evaluate the results of a sample. The population book value was $2,000,000 and contained 350 items. The auditor selected 100 items with a book value of $500,000. The audited value of the sample was $480,000. The estimated audited value of the population is: $1,920,000. $1,980,000. $1,900,000. O $1,930,000. Question 11 View Policies Current Attempt in Progress When planning a classical variables sample, the risk of incorrect acceptance and the risk of incorrect rejection are related to what general factor that influences sample size? Tolerable misstatement. Expected misstatement. O The desired level of assurance from the sample. O The use of stratification when sampling. Question 10 View Policies Current Attempt in Progress An auditor uses nonstatistical ratio estimation to evaluate the results of a sample. The population book value was $2,000,000 and contained 350 items. The auditor selected 100 items with a book value of $500,000. The audited value of the sample was $480,000. The estimated audited value of the population is: $1,920,000. $1,980,000. $1,900,000. O $1,930,000Step by Step Solution
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