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The auditor tests an account balance that totals $450,000. In doing so, his sample consists of 30 items whose balances total $195,000 and he finds

The auditor tests an account balance that totals $450,000. In doing so, his sample consists of 30 items whose balances total $195,000 and he finds $22,900 in misstatements.

  • 43.33%
  • 5.09%
  • 0.13%
  • 11.74%

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