Recent Posts • Latest Topics • Unanswered Questions

Using statistical sampling to assist in verifying the year-end accounts payable balance, an auditor ...

blankship

wrote...

Go to Answer

Posts: 129

Rep:

A year ago

Using statistical sampling to assist in verifying the year-end accounts payable balance, an auditor ...

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: 17^th

Authors: Arens, Elder, Beasley, Hogan

Read 37 times

1 Reply

Report

Replies

Answer verified by a subject expert

Hello32hello3

wrote...

Posts: 138

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

blankship Author

wrote...

A year ago

Correct

shangshang

wrote...

Yesterday

You make an excellent tutor!

gma_of_7

wrote...

2 hours ago

Brilliant ツ

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1061 People Browsing

114 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

258

381

398

Your Opinion

Previous poll results: Who will win the 2024 president election?

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.