Question
Use the following information Average audited value in a sample I $30 Average book value in sample $38 Average book value in population $36 Number
Use the following information
Average audited value in a sample I $30
Average book value in sample $38
Average book value in population $36
Number of items in population 10,000
What is the estimated total audited value using the ratio estimation method?
and what is the projected misstatement using mean-per-unit estimation?
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Accounting Fundamentals For Health Care Management
Authors: Steven A. Finkler, David M. Ward, Thad Calabrese
3rd Edition
1284124932, 9781284124934
