Using difference estimation an auditor has taken a sample

Assignment Help Accounting Basics

Reference no: EM13585425

Using difference estimation, an auditor has taken a sample of 200 from a population's 40,000 items; that population has a book value of $200,000. She found that in her sample the average audited value was $4.20, while the average book value was $5.20. What is the estimated total audited value of the population $160,000 or $200,000?

Reference no: EM13585425

Questions Cloud

A researcher is using a chi-square test to determine : a researcher is using a chi-square test to determine whether there are any preferences among four brands of cola. with

Assume that any single labrotory test in a 3 test battery : assume that any single labrotory test in a 3 test battery obtained from healthy volunteers has a 5 chance of falling

Prepare the necessary adjusting entries at december 31 2013 : 1.on october 1 2013 microchip lent 90000 to another company. a note was signed with principal and 8 interest to be paid

Discuss similarities andor differences between health : 1. discuss similarities andor differences between health literacy and cultural competence no more than one page.2.

Using difference estimation an auditor has taken a sample : using difference estimation an auditor has taken a sample of 200 from a populations 40000 items that population has a

The long term liability section of twin digital : the long term liability section of twin digital corporations balance sheet as of december 31 2010 included 12 bonds

Write research memo doctor bones prescribed physical : write research memo doctor bones prescribed physical therapy in a pool to treat jack bordens broken back. in response

Explain the structure and function of the renal portal : explain the structure and function of the renal portal system in vertebrates. why is it not present in mammals how is

Gunderman corporation has two divisions the alpha division : gunderman corporation has two divisions the alpha division and the charlie division. the alpha division has sales of

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages