A PPS sample with a sampling interval of $2,000 includes an item with an audited value of

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A PPS sample with a sampling interval of $2,000 includes an item with an audited value of $90. This value was $30 lower than the account’s book value. Calculate the tainting percent- age for this account.

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Oct 25, 2014 06:03 AM

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A PPS sample with a sampling interval of $2,000 includes an item with an audited value of

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To calculate the tainting percentage we must divide the m...View the full answer

Principles of Auditing and Other Assurance Services

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