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Your CPA firm is conducting the audit of GPA Killer Company for the year ended December 31. You are a staff member on the audit

Your CPA firm is conducting the audit of GPA Killer Company for the year ended December 31. You are a staff member on the audit and plan to use PPS to audit GPA Killer's accounts receivable account. The balance at December 31 was $10,000,000. Based on the following information, compute the required sample size. Tolerable misstatement = $300,000 Expected misstatement = $50,000 Risk of incorrect acceptance = 5%

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