Solution-A probability-proportional-to-size sample with a

A probability-proportional-to-size sample with a sampling

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Reference no: EM13342480

In a probability-proportional-to-size sample with a sampling interval of $10,000, an auditor discovered that a selected account receivable with a recorded amount of $5,000 had an audited amount of $4,000. If this were the only misstatement discovered by the auditor, the projected misstatement of this sample would be:
$1,000.
$2,000.
$5,000.
$10,000.
Why does this equal 2000. Could you please explain it to me?

Reference no: EM13342480

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A probability-proportional-to-size sample with a sampling

Reference no: EM13342480

Reference no: EM13342480

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