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blankship blankship
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2 weeks ago
Using statistical sampling to assist in verifying the year-end accounts payable balance, an auditor has accumulated the following data:

Number of
accounts
Book
balance
Balance
determined by
the auditor
Population:4,000$5,000,000?
Sample:200$250,000$300,000
Projecting the misstatement to the population, the auditor's estimate of year-end accounts payable balance would be

▸ $5,050,000.

▸ $5,125,000.

▸ $6,000,000.

▸ $6,150,000.
Textbook 

Auditing and Assurance Services


Edition: 17th
Authors:
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Hello32hello3Hello32hello3
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$6,000,000.

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This helped my grade so much Perfect
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Thanks for your help!!
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Brilliant
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