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What is the audit value of the sample, using ratio method

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Reference no: EM133147769

Question - Applying Non-statistical Sampling for Substantive Procedures - Assume the following values:

Estimated audit value of the population = $20,000

Book value of population = $30,000

Book value of sample = $900

Required - What is the audit value of the sample, using the ratio method?

Reference no: EM133147769

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