In a PPS sample with a sampling interval of ($ 5,000), an auditor discovered that a selected

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In a PPS sample with a sampling interval of \(\$ 5,000\), an auditor discovered that a selected account receivable with a recorded amount of \(\$ 9,000\) had an audit amount of \(\$ 8,000\). If this were the only error discovered by the auditor, the projected error of this sample would be

a. \(\$ 1,000\).

b. \(\$ 2,000\).

c. \(\$ 4,000\).

d. \(\$ 5,000\).

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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