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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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
