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Bubblyparabola Bubblyparabola
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A year ago
An auditor is confirming a population of accounts receivable for monetary correctness. The population totals $2,000,000 and a sample of 200 confirmations is obtained. Upon audit, no misstatements are uncovered in the sample. Assuming an ARIA of 10%, the confidence factor would be 2.31. Applied to a sampling interval of $10,000, the upper misstatement bound is calculated as

▸ $462.

▸ $4,329.

▸ $23,100.

▸ $865,801.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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marcospolosmarcospolos
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A year ago
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