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What is the projected misstatement

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Question - Assume that the auditor tested an account receivable with a balance of $10,000 and determined that the audited value was $8,500. That is, the auditor determined the receivable was overstated by $1,500. What is the projected misstatement? (excluding the incremental allowance for sampling risk) if the sampling interval is $11,000?

Reference no: EM132938973

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