Assume you are using interval estimation for the purpose of making an adjusting entry. What would you
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Assume you are using interval estimation for the purpose of making an adjusting entry. What would you do if materiality were \($20,000\) and the calculated confidence interval were \($8,000\) ± \($16,000\) at a 95% confidence level? Would your answer be different if the confidence interval were \($8,000\) ± \($23,000\) ?
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Related Book For
Applications Of Statistical Sampling To Auditing
ISBN: 9780130391568
1st Edition
Authors: Alvin A. Arens, James K. Loebbecke
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