Use of the ratio estimation sampling technique to estimate dollar amounts is inappropriate when a. the total

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Use of the ratio estimation sampling technique to estimate dollar amounts is inappropriate when

a. the total book value is known and corresponds to the sum of all the individual book values.

b. There are some observed differences between audited values and book values.

c. The audited values are nearly proportional to the book values.

d. A book value for each sample item is unknown.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:31 AM

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Use of the ratio estimation sampling technique to estimate dollar amounts is inappropriate when a. the total

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The appropriate answer is d A book value for each sam...View the full answer

Auditing An Assertions Approach

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