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what else do you need? Assume that you have selected the following nonstatistical sample for selecting accounts receivable for confirmation. The total book value of

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what else do you need?

Assume that you have selected the following nonstatistical sample for selecting accounts receivable for confirmation. The total book value of the population is $9,000,000, and tolerable misstatement is $350,000. You have decided to audit every item over $50,000 and randomly select items in two groups under $50,000, as the following shows. You selected the following sample. Stratum Book Value of Book Value of Audit Value Stratum Sample of Sample 20 20 $3,000,000 $3,000,000 $2,948,000 > $50,000 $50,000 > > $5,000

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