Question
Question Assume the following relating to monetary unit sampling: Sample planning Population book value = $6,200,000 Sampling interval = $77,500 Results Projected Misstatement = $110,000.
Question
Assume the following relating to monetary unit sampling:
Sample planning
Population book value = $6,200,000
Sampling interval = $77,500
Results
Projected Misstatement = $110,000.
Basic Precision = $290,000.
Upper Limit on Misstatement = $410,000.
Tolerable Misstatement = $380,000.
The planned sample size equals:
(a)64 items.
(b) 80 items.
(c) 412 items.
(d) 18 items.
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Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
