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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 $7,500,000. Tolerable misstatement = $300,000 Expected misstatement = $75,000 Risk of incorrect acceptance = 5% Using the sample size you calculated in the previous question, compute the sampling interval. 8064.16 I
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