The accounting department of the client reports that the balance of Accounts Receivable is $$210,000.$ Using classical variable sampling, the auditor computes an estimated total population value of $$216,500$ and computed a $95\%$ achieved allowance for sampling risk of $+-$$$8,500.$ The auditor should conclude that the accounts receivable balance is fairly stated.

Select one:

a$.$ False

b$.$ True