1. Teal Corporation has 2,000 accounts receivable, with a total book value of $300,000. Ricardo Ramaro, CPA, has selected and audited a sample of 100 of the accounts with a combined book value of $16,100; the total of the audited values was $16,000.
   1. Using the difference OR ratio estimation technique, calculate the accounts receivable estimated audited value and the projected misstatement
   2. Using the mean-per-unit method, calculate the accounts receivable estimated audited value and the projected misstatement
   3. Why do we compare the projected misstatement to the tolerable misstatement to decide if we accept or reject the population?